AUTO1 GROUP SE Q1 2024 Trading Update starts soon…
Trading Update
Q1 2024
8 May 2024
Disclaimer IMPORTANT NOTICE
For the purposes of this notice, "Presentation" means this document, its contents or any part of it. This Presentation does not, and is not intended to, constitute or form part of, and should not be construed as, an offer to sell, or a solicitation of an offer to purchase, subscribe for or otherwise acquire, any part of it form the basis of or be relied upon in connection with or act as any inducement to enter into any contract or commitment or investment decision whatsoever. This Presentation is neither an advertisement nor a prospectus and should not be relied upon in making any investment decision to purchase, subscribe for or otherwise acquire any securities.
The information and opinions contained in this Presentation are provided as at the date of this Presentation, are subject to change without notice and do not purport to contain all information that may be required to evaluate AUTO1 Group SE. AUTO1 Group SE undertakes no obligation to update or revise this Presentation. No reliance may or should be placed for any purpose whatsoever on the information contained in this Presentation, or any other information discussed verbally, or on its completeness, accuracy or fairness.
The information in this Presentation is of preliminary and abbreviated nature and may be subject to updating, revision and amendment, and such information may change materially. Neither AUTO1 Group SE nor any of its directors, officers, employees, agents or affiliates undertakes or is under any duty to update this Presentation or to correct any inaccuracies in any such information which may become apparent or to provide any additional information.
The Presentation and discussion contain forward looking statements, other estimates, opinions and projections with respect to anticipated future performance of AUTO1 Group SE ("forward-looking statements"). By their nature, forward-looking statements involve significant risks and uncertainties, because they relate to events and depend on circumstances that may or may not occur in the future. forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Similarly, past performance should not be taken as an indication of future results, and nor representation or warranty, express or implied, is made regarding future performance. The development of AUTO1 Group SE's prospects, growth, strategies, the industry in which it operates, and the effect of acquisitions on AUTO1 Group SE may differ materially from those made in or suggested by the forward-looking statements contained in this Presentation or past performance. In addition, even if the development of AUTO1 Group SEs prospects, growth, strategies and the industry in which it operates are consistent with the forward-looking statements contained in this Presentation or past performance, those developments may not be indicative of AUTO1 Group SE results, liquidity or financial position or of results or developments in subsequent periods not covered by this Presentation. Any forward-looking statements only speak as at the date of this Presentation is provided to the recipient and it is up to the recipient to make its own assessment of the validity of any forward-looking statements and assumptions. No liability whatsoever is accepted by AUTO1 Group SE in respect of the achievement of such forward-looking statements and assumptions.
3
Europe's Used Car Market On One Platform
4
Highlights
In Q1 2024 We Demonstrated How to Combine Growth And Best Ever Profitability
Group Units Sold
K Units
164
160
157
150
147
140142 141
130
120
Q1 | Q2 | Q3 | Q4 | Q1 |
2023 | 2023 | 2023 | 2023 | 2024 |
Gross Profit
EUR Million | 163 | |||||||
160 | ||||||||
150 | ||||||||
140 | ||||||||
130 | 132 | 134 | 134 | |||||
128 | ||||||||
120 | ||||||||
Q1 | Q2 | Q3 | Q4 | Q1 | ||||
2023 | 2023 | 2023 | 2023 | 2024 |
Adjusted EBITDA
EUR Million
20
17
10
0.5
0 | -4 | ||||
-10 | -15 | ||||
-20 | -25 | ||||
Q1 | Q2 | Q3 | Q4 | Q1 | |
2023 | 2023 | 2023 | 2023 | 2024 |
5
Highlights
Building a Category Leader By Maximizing Value for Consumers and Merchants
AUTO1.com | |||||
Merchant | |||||
Platform | |||||
C2B Buying | Autohero | ||||
Consumers | Consumer | ||||
Selling | Retail | ||||
SELLING | |||||
Remarketing | Autohero | ||||
Merchants | Consumer | ||||
Selling | Financing | ||||
AUTO1.com | |||||
Merchant | |||||
Financing |
BUYING
FINANCING
6
Merchant Update
Merchant Update
Merchant Showed Strong Unit Growth While Achieving Best Ever Gross Profit
Merchant Units Sold
K
139
19
120
Q1 2023
Remarketing
C2B
147
14
131
133
15
116
Q4 2023 | Q1 2024 |
Merchant | |
GPU | +15% |
EUR | |
YoY |
881
792
769
Q1 2023 | Q4 2023 | Q1 2024 |
Merchant | |
Gross Profit | +21% |
EUR Million |
YoY
129 | |
107 | 104 |
Q1 2023 | Q4 2023 | Q1 2024 |
8
Merchant Update
We Drove Higher Demand by Successfully Engaging a Growing Number of Merchants
Buying Merchants on AUTO1.com | Average Basket |
# Unique Buyers | # Purchased Cars per Quarter |
+7%
YoY
22.9k
6.1 6.0
24.6k
Q1 2023 | Q1 2024 | Q1 2023 | Q1 2024 |
9
"We are successful, if you are successful"
AUTO1.com Dealers Club
Germany, April 2024
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AUTO1 Group SE published this content on 08 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 May 2024 05:46:03 UTC.
