France's Aramis Group H1 revenue falls amid deterioration in demand for used vehicles

Aramis SA

12/05/2026 17:50

Overview

France online used car seller's preliminary H1 revenue fell 6.5% yr/yr amid market headwinds

Preliminary adjusted EBITDA for H1 declined 28.9% yr/yr as volumes contracted

Company cut FY 2026 guidance for vehicle volumes and adjusted EBITDA due to tougher market

Outlook

Aramis Group lowers FY 2026 B2C vehicle volumes target to at least 110,000 units

Company cuts FY 2026 adjusted EBITDA guidance to €35 mln–€45 mln from at least €55 mln

Aramis Group confirms medium-term targets for high single-digit B2C volume growth and EBITDA at 5% of revenue

Result Drivers

MARKET DETERIORATION - Co said intensified decline in used vehicle market for cars under 8 years old weighed on results, especially in France

PRE-REGISTERED SEGMENT WEAKNESS - Temporary decline in pre-registered vehicle market due to limited supply of electric vehicles and higher fuel prices

COST DISCIPLINE - Slight increase in gross profit per unit sold and positive cash generation attributed to cost and inventory management discipline

Company press release: ID:nGNE7rG7jQ

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
EUR 1.13 bln
H1 Adjusted EBITDA
EUR 23.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the department stores peer group is "buy"

Wall Street's median 12-month price target for Aramis Group SA is €5.00, about 32.3% above its May 12 closing price of €3.78

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 15 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)