(Boursier.com) — Aramis Group revealed an annual turnover of 1.945 billion euros for its 2022-2023 financial year ended at the end of September, up +9.9% in published data and +0.7% excluding acquisitions in Austria and Italy.
The volumes sold of reconditioned cars are up +13.1% compared to the previous financial year, at 78,441 units, including +1.2% excluding acquisitions in Austria and Italy in accordance with annual objectives, in a market down by -5.3% and while continuing efforts on profitability.
The specialist in the online sale of used cars to individuals shows a gross margin per vehicle sold of 2,161 euros, a slight improvement compared to 2,142 euros the previous year.
Adjusted EBITDA stood at €9.6 million, in positive territory in accordance with the Group’s commitments. Excluding acquisitions in Austria and Italy, it stands at 13.2 million euros compared to -10.7 million euros in 2021-2022. Net profit of -32.3 million euros, a clear improvement compared to 2022 (-60.2 million euros)
On a like-for-like basis, Aramis targets volumes of vehicles sold to individuals in excess of 100,000 units in 2023-2024 with an adjusted EBITDA at least twice that achieved in 2023.
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