(News Bulletin 247) – Aramis Group publishes revenue of 940.8 million euros for the 1st half of 2023, up +7.8% compared to the 1st half of 2022.
Volumes of refurbished cars sold were up +15.6% compared to the 1st half of 2022, of which +4.9% excluding acquisitions in Austria and Italy, i.e. a clear outperformance compared to the dynamics of the passenger car market. occasion down -9%.
The gross margin per vehicle sold (GPU) was 2,166 euros, and remained at a high level and in line with that of 2,150 euros targeted by Aramis Group, despite the dilutive effect of the acquisitions in Austria and Italy .
Aramis thus recorded a positive adjusted EBITDA again at +€1.0 million, the result of the Aramis Group’s adaptation to new market balances and discipline in the management of its costs.
For the full year 2023, unless the macroeconomic environment deteriorates further, Aramis Group expects positive organic growth in its volumes of reconditioned vehicles sold to individuals and a positive adjusted EBITDA.
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