Brief: Auto1 Expects FY Adjusted EBITDA Between EUR 50-70 Mln

AUTO1 SE

02/08/2023 06:35

Aug 2 (Reuters) - AUTO1 GROUP SE  AG1G.DE :
    * AUTO1 GROUP SE: AUTO1 GROUP REPORTS RECORD GROSS PROFIT
PER UNIT
AND BEST ADJUSTED EBITDA RESULT SINCE IPO
    * CONFIRMED ITS FULL-YEAR 2023 GROSS PROFIT TARGET OF EUR
500-550
MILLION AND IMPROVED ITS ADJUSTED EBITDA GUIDANCE FROM EUR
(60)-(90) MILLION TO EUR (50)-(70) MILLION FOR FULL YEAR
    * UPDATED ITS GUIDANCE FOR VEHICLES SOLD TO 625,000 +/-5%
UNITS
    * Q2 RECORD RETAIL GROSS PROFIT PER UNIT OF EUR 1,680, UP
62.4%
YEAR OVER YEAR
    * Q2 RECORD MERCHANT GROSS PROFIT PER UNIT OF EUR 810, UP
10.7%
YEAR OVER YEAR

Source text for Eikon:  ID:nEQ2XNt53a 
Further company coverage:  AG1G.DE 

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