AUTO1 Group SE
ISIN: DE000A2LQ884
WKN: A2LQ88
28 November 2024 07:30AM

EQS-News: AUTO1 Group opens 500th drop-off branch as part of European sourcing network expansion

AUTO1 Group SE · ISIN: DE000A2LQ884 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2039865

EQS-News: AUTO1 Group SE / Key word(s): Miscellaneous
AUTO1 Group opens 500th drop-off branch as part of European sourcing network expansion

28.11.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


AUTO1 Group opens 500th drop-off branch as part of European sourcing network expansion

Berlin, November 28, 2024 – AUTO1 Group SE, Europe’s leading digital automotive platform for buying and selling used cars, today announced the opening of its 500th drop-off branch in Germany of its C2B Buying brand. The opening marks a major milestone as the company continues to accelerate the roll-out of purchasing branch locations across Europe.

With its local European consumer brands wirkaufendeinauto.de and its sister brands, AUTO1 Group provides consumers an easy and seamless way to sell their used cars. AUTO1 Group operates its purchasing network in nine European countries, including Germany, France, Spain, Italy, the Netherlands, Belgium, Sweden, Austria and Portugal.

With the opening of the 500th branch in Jena, Germany, the group is further solidifying its position as the go-to-brand for private customers looking to sell their used car.

Berkan Limon, SVP Purchasing of AUTO1 Group: “I am proud of our teams for executing our network expansion plan so ambitiously and driving double-digit branch growth compared to the beginning of the year. We receive great feedback from our selling customers, who appreciate that we are now even closer to them. We are excited about the potential ahead of us to further expand our footprint as we continue to offer our customers great prices for their used cars at maximum convenience.”

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. 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 used car. AUTO1 Group is operating in over 30 countries and generated a revenue of EUR 5.5 billion in 2023. 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.

 

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

 

Investor Relations contacts

Philip Reicherstorfer

Group Treasurer

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

Email: ir@auto1-group.com

 

Maria Shevtsova

Head of Investor Relations

Phone: +49 (0) 170 556 9259

Email: ir@auto1-group.com

 

Media Relations contact

Christine Preyer

Director Communications & PR

Phone: +49 (0)175 64 59 192

Email: press@auto1-group.com

 

 



28.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: AUTO1 Group SE
Bergmannstr. 72
10961 Berlin
Germany
E-mail: ir@auto1-group.com
Internet: https://www.auto1-group.com
ISIN: DE000A2LQ884
WKN: A2LQ88
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Tradegate Exchange
EQS News ID: 2039865

 
End of News EQS News Service

2039865  28.11.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 2.852,36 3.475,96 2.829,65 4.774,97 6.534,12 5.462,84 0,00
EBITDA1,2 -104,00 -92,81 -34,85 -124,41 -182,98 -63,19 0,00
EBITDA-Margin3 -3,65 -2,67 -1,23 -2,61 -2,80 -1,16 0,00
EBIT1,4 -121,95 -113,43 -64,61 -151,49 -219,73 -106,12 0,00
EBIT-Margin5 -4,28 -3,26 -2,28 -3,17 -3,36 -1,94 0,00
Net Profit (Loss)1 -125,65 -121,26 -143,64 -374,05 -246,37 -116,47 0,00
Net-Margin6 -4,41 -3,49 -5,08 -7,83 -3,77 -2,13 0,00
Cashflow1,7 -138,37 -138,40 45,49 -467,25 -392,36 -55,43 0,00
Earnings per share8 -0,68 -0,59 -0,84 -1,81 -1,15 -0,54 -0,27
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: KPMG

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INVESTOR-INFORMATION
©boersengefluester.de
Auto1 Group
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2LQ88 DE000A2LQ884 SE 3.433,22 Mio € 04.02.2021 Verkaufen 9F4MF9QX+PH
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
0,00 0,00 0,00 -20,99 5,95 -61,94 0,63
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
04.06.2025 07.05.2025 03.09.2025 13.11.2024 02.04.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,13%
15,76 €
ATH 56,76 €
+38,59% +93,42% +142,91% +156,68% -58,53%

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