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    AG1   DE000A2LQ884

AUTO1 GROUP SE

(AG1)
  Report
Real-time Estimate Tradegate  -  12:40 2022-09-27 pm EDT
7.538 EUR   -2.10%
09/20AUTO1 : Goldman Sachs reiterates its Buy rating
MD
09/19AUTO1 Group SE(XTRA:AG1) dropped from FTSE All-World Index
CI
09/15AUTO1 : Goldman Sachs reiterates its Buy rating
MD
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AUTO1 Group SE To Create More the 200 Jobs For Car Specialists

08/09/2022 | 01:30am EDT

AUTO1 Group announced the signing of a rent agreement for a production center in Ath, for the purpose of reconditioning used cars for Autohero. Bringing used car production in-house allows Autohero to fully control each step of the process and is an integral part of the group's profitability strategy. The facility in Ath, 50km from Brussels, consists of an available space of 50.000 m2.

Autohero's production center will add up to 18,500 cars per year at full capacity. It is closely linked to the majority of AUTO1 purchase branches in Belgium, enabling efficient logistic routes. AUTO1 Group is expecting to create more than 200 new jobs for car specialists across different stages of the production.

The stages include quality control, reconditioning, cleaning, as well as capturing photos & videos to ensure excellent car quality. The production center in Ath commences operations in fourth quarter of 2022.


© S&P Capital IQ 2022
All news about AUTO1 GROUP SE
09/20AUTO1 : Goldman Sachs reiterates its Buy rating
MD
09/19AUTO1 Group SE(XTRA:AG1) dropped from FTSE All-World Index
CI
09/15AUTO1 : Goldman Sachs reiterates its Buy rating
MD
09/14AUTO1 Group SE Reports Earnings Results for the Half Year Ended June 30, 2022
CI
09/14Auto1 : Financial statement 6M 2022
PU
08/15AUTO1 : From Sell to buy Rating by JP Morgan
MD
08/09AUTO1 : Goldman Sachs reiterates its Buy rating
MD
08/09Auto1 Group Se : Autohero secures in-house production capacity of up to 18,500 cars in Bel..
EQ
08/09AUTO1 Group SE To Create More the 200 Jobs For Car Specialists
CI
08/09Auto1 Group Se : Autohero secures in-house production capacity of up to 18,500 cars in Bel..
PU
More news
Analyst Recommendations on AUTO1 GROUP SE
More recommendations
Financials
Sales 2022 6 652 M 6 417 M 6 417 M
Net income 2022 -239 M -231 M -231 M
Net cash 2022 26,5 M 25,5 M 25,5 M
P/E ratio 2022 -6,62x
Yield 2022 -
Capitalization 1 641 M 1 583 M 1 583 M
EV / Sales 2022 0,24x
EV / Sales 2023 0,24x
Nbr of Employees 6 214
Free-Float 45,4%
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Technical analysis trends AUTO1 GROUP SE
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 12
Last Close Price 7,70 €
Average target price 17,72 €
Spread / Average Target 130%
EPS Revisions
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 Lück Senior Vice President-Sales & Operations
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