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    AG1   DE000A2LQ884

AUTO1 GROUP SE

(AG1)
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Delayed Xetra  -  05/18 11:35:12 am EDT
9.140 EUR   -2.61%
05/17AUTO1 : UBS reiterates its Buy rating
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05/12AUTO1 : Deutsche Bank remains its Buy rating
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05/11TRANSCRIPT : AUTO1 Group SE, Q1 2022 Earnings Call, May 11, 2022
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AUTO1 Group SE: AUTO1 reaches 3 million mark for vehicles sold

01/25/2022 | 01:32am EDT

DGAP-News: AUTO1 Group SE / Key word(s): Miscellaneous
AUTO1 Group SE: AUTO1 reaches 3 million mark for vehicles sold

25.01.2022 / 07:30
The issuer is solely responsible for the content of this announcement.


AUTO1 Group SE: AUTO1 reaches 3 million mark for vehicles sold

- Over 3 million cars sold via Autohero and AUTO1.com

- Market leader in Europe with around 600,000 vehicles sold annually

- Progressive expansion, especially in the Autohero segment

Berlin, 25. January 2022 - AUTO1 Group, Europe's leading digital automotive platform for buying and selling used cars online, announces that it has sold over 3.1 million cars since the company was founded. It is another milestone towards the goal of creating the best way to buy and sell cars online.

Christian Bertermann, CEO and co-founder of AUTO1 Group, says: "We are seeing high customer demand. Reaching this milestone shows us that the interest in our products is unabated and continues to grow. Over 3 million cars sold motivates us to continue working hard to make buying and selling a used car a desirable experience. We are the clear market leader in Europe and our ongoing expansion, especially in the Autohero segment, will allow us to strengthen our position even further. We look forward to providing the best customer experience to many more millions of customers in the future."

About AUTO1 Group

Founded in 2012, AUTO1 Group is a multi-brand technology company that is building the best way to buy and sell cars online. Its local European consumer brands like wirkaufendeinauto.de offer consumers the fastest and easiest way to sell their car. Its merchant brand, AUTO1.com, is Europe's largest wholesale platform for car trading professionals. With its retail brand Autohero, AUTO1 Group is using its technology, scale and operational excellence to develop the best consumer experience to buy a car online. AUTO1 Group is operating in over 30 countries and achieved revenues of ?2.83 billion in 2020. Following its successful IPO in February 2021, the group's shares are trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the trading symbol AG1 and the ISIN DE000A2LQ884. Since 21 June 2021, the shares are listed on the MDAX index of the Deutsche Börse (German Stock Exchange).

For more information please visit www.auto1-group.com

Investor Relations contact
Alexander Enge
Senior Manager Investor Relations
Telefon: +49 (0)30 - 2016 38 213
Email: ir@auto1-group.com

AUTO1 Group SE | Bergmannstrasse 72 | 10961 Berlin | Germany



25.01.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: AUTO1 Group SE
Bergmannstraße 72
10961 Berlin
Germany
Internet: https://www.auto1-group.com/de/
ISIN: DE000A2LQ884
WKN: A2LQ88
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Tradegate Exchange
EQS News ID: 1272210

 
End of News DGAP News Service

1272210  25.01.2022 

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ę EQS 2022
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Financials
Sales 2022 6 286 M 6 621 M 6 621 M
Net income 2022 -220 M -232 M -232 M
Net Debt 2022 256 M 269 M 269 M
P/E ratio 2022 -8,40x
Yield 2022 -
Capitalization 2 000 M 2 107 M 2 107 M
EV / Sales 2022 0,36x
EV / Sales 2023 0,32x
Nbr of Employees 4 704
Free-Float 45,3%
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Number of Analysts 13
Last Close Price 9,39 €
Average target price 26,55 €
Spread / Average Target 183%
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Managers and Directors
Christian David Karl Bertermann Chief Executive Officer
Markus Boser Chief Financial Officer
Gerhard Cromme Chairman-Supervisory Board
Kevin Graham Senior Vice President-Technology
Moritz LŘck Senior Vice President-Sales & Operations
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