Auto1 Group Se (ATOGF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Hello, and good afternoon, good morning, and good evening to international participants. Welcome to the Auto1 Group Second Quarter twenty twenty six Results Presentation. I'm Philippe Breikerstaffer, Group Treasurer. I'm joined today by Christian Berterman, our Co Founder and CEO, as well as Christian Valentine, our CFO. As always, we will start with a 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. 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 second quarter earnings call. Our second quarter results were very strong. We delivered increasing operating leverage across the business at scale. We sold 240,000 units at the group level. This is up 20% year on year. Total gross profit reached EUR $281,000,000, an increase of 21% compared to Q2 of last year. And we grew adjusted EBITDA from EUR 42,000,000 in in Q2 twenty twenty five to EUR 59,000,000 this year, representing an outstanding 38% increase. Our adjusted EBITDA margin climbed to 2.4%. This is 30 basis points higher than last year and the highest Q2 margin we ever achieved. These great results continue to demonstrate the strength of our value first strategy and the structural advantages of our vertically integrated business model that we laid out in detail at our Capital Markets event back in June. This is our first quarterly trading update since our CME, so alongside ...