Auto1 Group jumps to three-year high on Q4 results beat

AUTO1 SE

26/02/2025 08:20

** German online used-car retailer Auto1 Group AG1G.DE jumps 9%, highest since January 2022, after its Q4 revenue beat market expectations

** Q4 revenue came in at 1.69 billion euros ($1.77 billion), above analysts' expectation of 1.53 billion euros according to LSEG estimates and above last year's number of 1.32 billion euros

** Adj. EBITDA for the quarter jumped to 37.2 million euros from -4.5 million euros last year

** It also recorded an all-time-high in units sold for the full year, at 689,773 units, up 17.7% YOY

** If gains hold, shares are on track for their best day since November 2024

($1 = 0.9530 euros)

 (Reporting by Isabel Demetz)

 ((Isabel.demetz@thomsonreuters.com))