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AUTO1 Group SE: AUTO1 Group sells 166,100 units in Q2 2022

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DGAP-News: AUTO1 Group SE / Key word(s): Miscellaneous
AUTO1 Group SE: AUTO1 Group sells 166,100 units in Q2 2022
13.07.2022 / 07:31
The issuer is solely responsible for the content of this announcement.

AUTO1 Group SE: AUTO1 Group sells 166,100 units in Q2 2022

Berlin, 13 July 2022 – Today, AUTO1 Group publishes Q2 2022 unit sales and purchases.

In Q2 2022, AUTO1 sold 166,100 units in total, of which the Retail segment Autohero delivered more than 15,750 cars. The company expects gross profit per unit (“GPU”) for the Retail segment of more than EUR 980 for Q2. The Merchant segment sold 150,350 vehicles and segment GPU is expected to be more than EUR 720 in the second quarter.

 

Q2 2022

Units
Purchased

YoY
growth

Units
Sold

YoY
growth

GPU expected

Retail

20,050

+62.5%

15,750

+87.2%

>980 EUR

Merchant

141,350

+7.0%

150,350

+12.0%

>720 EUR

Total

161,400

+11.7%

166,100

+16.4%

 

 

The trading update for Q2 2022 will be announced on 3 August. The H1 2022 financial report will be published on 13 September.

Final numbers may vary. AUTO1 Group units or GPU expectations represent only partial measures of the company’s financial performance and should not be relied on as indicators of quarterly financial results, which depend on a variety of factors.

 

About AUTO1 Group

Founded in 2012, AUTO1 Group is a multi-brand technology company that is building the best way to buy and sell cars online. Its local European consumer brands like wirkaufendeinauto.de offer consumers the fastest and easiest way to sell their car. Its merchant brand, AUTO1.com, is Europe's largest wholesale platform for car trading professionals. With its retail brand Autohero, AUTO1 Group is using its technology, scale and operational excellence to develop the best consumer experience to buy a car online. AUTO1 Group is operating in over 30 countries and achieved revenues of €4.78 billion in 2021. Following its successful IPO in February 2021, the group's shares are trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the trading symbol AG1 and the ISIN DE000A2LQ884. Since 21 June 2021, the shares are listed on the SDAX index of the Deutsche Börse (German Stock Exchange).

 

For more information please visit www.auto1-group.com

 

Investor Relations contact

Alexander Enge

Senior Manager Investor Relations

Telefon: +49 (0)30 - 2016 38 213

Email: ir@auto1-group.com

 

 

AUTO1 Group SE | Bergmannstrasse 72 | 10961 Berlin | Germany

 


13.07.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

AUTO1 Group SE

Bergmannstraße 72

10961 Berlin

Germany

Internet:

https://www.auto1-group.com/de/

ISIN:

DE000A2LQ884

WKN:

A2LQ88

Indices:

SDAX

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Tradegate Exchange

EQS News ID:

1396693


 

End of News

DGAP News Service

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