Auto1 Group Se (ATOGF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, good afternoon and good morning and good evening to international participants. Welcome to the OtterOne Group third quarter 2025 earnings presentation. I'm Philip Reikersdorfer, Group Treasurer. I'm joined today by Christian Bertermann, our co-founder and CEO, as well as Markus Boser, our CFO. I'm also very pleased to welcome Christian Valentine, who will be succeeding Markus in stepping into the role of CFO effective January 1st, 2026. We will start with the presentation followed as always by questions and answers. If you would like to ask a question, please raise it by the usual Zoom Q&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 to a question, 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 your question. Thank you, Philip. Hi, everyone. Welcome to this AutoOne Group Q3 earnings call. Our business performance in the third quarter has been very strong. We saw 219,000 vehicles. This is a new quarterly record and an increase of 24% year-on-year. Total gross profit surged by 38% year on year to €258 million. This is €71 million more than in Q3 of last year. We grew adjusted EBITDA from €34 million in Q3 of 2024 to €52 million this year, representing a 51% increase. Our adjusted EBITDA margin increased to 2.4%, that is 30 basis points of increase compared to last year and the highest Q3 margin we ever achieved. These great results reflect the effectiveness of our strategy, our discipline and targeted investments in key areas, strong execution and above all, the dedication of our teams. We are pursuing a value-first strategy across all s...