Brief: Auto1 Sees 2023 Adj. EBITDA Loss Of EUR 60 Mln

AUTO1 SE

23/02/2023 06:41

Feb 23 (Reuters) - AUTO1 GROUP SE  AG1G.DE :
    * REPORTS RECORD RESULTS IN 2022
    * TOTAL REVENUE GREW TO EUR 6.5 BILLION, UP 36.8% YEAR OVER
YEAR
    * FY TOTAL GROSS PROFIT INCREASED TO EUR 488.2 MILLION, UP
13.3%
YEAR OVER YEAR
    * FY ADJUSTED EBITDA AT EUR (165.6) MILLION
    * OUTLOOK 2023: TOTAL UNITS AT 625,000 - 690,000 (2022:
649,709
UNITS)
    * OUTLOOK 2023: TOTAL GROSS PROFIT AT EUR 500 - 550 MILLION
(2022:
EUR 488.2 MILLION)
    * OUTLOOK 2023: ADJUSTED EBITDA OF EUR (60) TO (90) MILLION
FOR
FULL YEAR (2022: EUR (165.6) MILLION) WITH AIM OF ADJUSTED
EBITDA BREAK-EVEN IN Q4
    * OUTLOOK 2023: UNITS IN RETAIL SEGMENT AT 65,000 - 70,000
(2022:
64,164 UNITS)
    * OUTLOOK 2023: UNITS IN MERCHANT SEGMENT AT 590,000 +/-5 %
(2022:
585,545 UNITS)
    * FY RETAIL GROSS PROFIT INCREASED TO EUR 70.2 MILLION, UP
369.1%
YEAR OVER YEAR

Source text for Eikon:  ID:nEQbMqx80a 
Further company coverage:  AG1G.DE 
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