Auto1 Group Se (ATOGF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, good afternoon, and good morning or good evening to our international participants. Welcome to the Auto1 Group First Quarter twenty twenty six's presentation. I'm Philip Roy Castorfa, Group Treasurer. I'm joined today as Augusta Christian Berterman, our Co Founder and CEO as well as Christian Valentine, our new CFO on his first full earnings call. We will start with the presentation followed by a questions and answer session. If you would like to ask a question, please raise it via the usual Zoom Q and A tool at the bottom of your screen. We will then call on you to ask your question directly after the presentation. Also, as a quick reminder, before we start, our AGM portal will open our our IR web page this Friday, 05/15/2026, and you can submit your votes. If you or your governance teams have questions or comments on any agenda points, please feel free to contact Maria or myself. Before I hand over, I must make you aware of the safe harbor provisions at the beginning of the presentation here. These will apply to any forward looking statements made by management today. And now over to you, Christian. Hi, everyone. Thank you, Philip. Welcome to the Auto1 Group first quarter twenty six earnings call. Q1 was a record quarter. We sold 249,000 group units across the retail and merchant segment, a new company record, growing 22% year on year. Total gross profit reached also a new high of €289,000,000 up 22% year on year. We achieved adjusted EBITDA of €60,000,000 for the quarter. This is €2,000,000 more than in Q1 of last year and €15,000,000 more quarter on quarter. Group GPU was slightly up year on year, a result of the higher Auto Hero unit share. The results overall are a testament to our value first strategy, the excellent work of our teams and the structural ...