Brief: Auto1 Group SE Says Increased Its FY Gross Profit Guidance To EUR 570 Mln - EUR 650 Mln

AUTO1 SE

08/05/2024 06:35

May 8 (Reuters) - AUTO1 Group SE  AG1G.DE :
    * CONFIRMED ITS FULL-YEAR UNIT GUIDANCE, WITH A TARGET OF
610,000
- 665,000 UNITS SOLD
    * QTRLY UNITS SOLD GREW TO 163,766, UP 4% YEAR OVER YEAR,
DRIVEN
BY STRONG C2B UNIT GROWTH
    * GROUP INCREASED ITS FY GROSS PROFIT GUIDANCE TO EUR 570 -
650
MILLION
    * SEES ADJUSTED EBITDA TARGET OF EUR 20 - 40 MILLION FOR
FULL YEAR
    * QTRLY RECORD MERCHANT GROSS PROFIT OF EUR 129.1 MILLION,
UP 21%
YEAR OVER YEAR
    * QTRLY RECORD RETAIL GROSS PROFIT OF EUR 33.8 MILLION, UP
35%
YEAR OVER YEAR

Source text for Eikon:  ID:nEQ2pllCja 
Further company coverage:  AG1G.DE 

 ((Reuters.Briefs@thomsonreuters.com;))