DGAP-News: AUTO1 Group SE / Key word(s): Quarter Results 
AUTO1 Group SE: AUTO1 Group on track for 2021 after strong Q4 2020 
2021-03-24 / 07:30 
The issuer is solely responsible for the content of this announcement. 
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Press Release 
AUTO1 Group on track for 2021 after strong Q4 2020 
  . AUTO1 Group benefits from digital business model in 2020 
  . Autohero in hyper-growth mode in Q4 and with strong start into 2021 
  . Rollout of Sell-From-Home solution completed across Europe 
Berlin, 24. March 2021 - AUTO1 Group, Europe's leading platform for buying and selling used cars online, today 
announced fourth quarter results and 2021 guidance that demonstrate the continued success of its digital business model 
in the face of COVID-19 lockdowns. AUTO1 Group also updated full year 2021 guidance originally issued in the run-up to 
its successful IPO, which saw the group's shares list on the Frankfurt Stock Exchange's Prime Standard in February 
2021. 
AUTO1 Group revenues rose to EUR779 million in Q4 2020 (Q3: EUR769 million) showing the power of the Group's digital 
solutions even during COVID19 lockdowns. Despite impacts from COVID-19, full-year group revenues only declined to EUR2.83 
billion from EUR3.48 billion a year ago. While revenues were impacted by a reduction of trading activity in the initial 
stages of the COVID-19 pandemic the Group is expecting renewed strong growth in 2021 on the back of its clear market 
leadership position and significant investment into the growth of Autohero. 
AUTO1 Group's gross profit margin improved to 10.1% for the full year from 9.9% in 2019. Improved margins and the 
successful roll-out of its new digital sell-from-home solution combined with agile expense management helped AUTO1 
Group achieve an adjusted EBITDA^[1] of EUR(15,2) million for the year (FY 2019: EUR(60,4) million). Underscoring the 
success of its business model, AUTO1 recorded two quarters of positive adjusted EBITDA during 2020, with an adjusted 
EBITDA of EUR1.2 million in Q1 and of EUR16.0 million in Q3. 
Christian Bertermann, CEO and co-Founder of AUTO1 Group: "2020 was a transformative year for AUTO1. We fully digitized 
our customer journey and once again demonstrated both the enormous potential and resiliency of the AUTO1 business 
model. With our successful IPO in February of this year we are now optimally positioned to take advantage of the 
European online used car market opportunity. Our Autohero business is growing well ahead of our expectations and we 
will continue to invest massively in this opportunity as we build the best way to buy and sell cars online." 
With its retail brand Autohero, AUTO1 Group has created an easy, hassle-free way for consumers to purchase used cars 
online and have them delivered to their doorsteps, making it the first fully digital car buying offering for consumers 
in Europe. The number of cars sold via Autohero nearly doubled to 10,153 in 2020, from 5,735 in the previous year. 
Autohero ended the year in hyper-growth mode, with the number of units sold in Q4 rising 72% from the previous quarter 
as the company rolled out its "Buy Your Car Simply Online" brand campaign across Europe. 
In its Merchant business, in which the company operates Europe's largest wholesale platform for used cars, its 
Remarketing activities saw strong ongoing digital momentum, boosted by the launch of the brand new native EVA app. The 
number of remarketing units rose 27% year-on-year to 14,866 in Q4 and 50,630 units in FY 2020 (FY 19: 38,803). At the 
same time, Merchant GPU rose to record levels during the second half of the year, and was up 13% YoY at EUR632.7 at 
year-end (FY 19: EUR559.2). 
For 2021, AUTO1 Group expects to generate revenue of EUR3.8-4.2 billion and gross profit of EUR360-410 million from the 
sale of 560,000-600,000 cars in its Merchant segment and 32,000-38,000 cars in its Autohero segment, or a combined 
total of 592,000-638,000 cars (FY 20: 457,431 cars). Given strong investment into Autohero branding and operations, 
AUTO1 Group expects an adjusted EBITDA margin for the year of between (2.0%) and (2.5%). 
Markus Boser, CFO of AUTO1 Group: "Digitization has led to strong results in Q4, reflecting the power of our unified 
platform. We promised our investors not only that we will focus on the massive Autohero opportunity by investing 
significantly in expanding our retail business, but also to grow the consumer-to-business side with our unique 
Sell-From-Home solution and to further boost our remarketing business for dealers. We are delivering on all of these 
points, and that will continue to be our focus in the coming months." 
 
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 
EUR2.83 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. 
For more information please visit www.auto1-group.com 
Investor Relations contact 
Philip Reicherstorfer 
Director Corporate Finance 
Phone: +49 (0)30 - 2016 38 213 
Email: ir@auto1-group.com 
Media contact 
Lisa Langlois 
Head of Communications 
Phone: +49 160 8050129 
Email: lisa.langlois@auto1-group.com 
AUTO1 Group SE | Bergmannstrasse 72 | 10961 Berlin | Germany 
This publication contains forward-looking statements based on current views and assumptions of AUTO1 Group's management 
and made to the best of such management's knowledge. Forward-looking statements are subject to known and unknown risks, 
uncertainties and other factors that could cause AUTO1 Group's revenues, profitability or the degree to which it 
performs or achieves its targets to materially deviate from what is explicitly or implicitly stated or described in 
this publication. Therefore, persons who obtain possession of this publication should not rely on such forward-looking 
statements. AUTO1 Group accepts no guarantee or responsibility regarding forward-looking statements and will not adjust 
them to future results or developments. 
^[1] Adjusted EBITDA is defined as EBITDA, adjusted for (i) share based payments, (ii) change of basis of assessment 
for value added taxes, (iii) correction of payables and (iv) other non operating expenses 
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2021-03-24 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. 
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Language:     English 
Company:      AUTO1 Group SE 
              Bergmannstraße 72 
              10961 Berlin 
              Germany 
Internet:     https://www.auto1-group.com/de/ 
ISIN:         DE000A2LQ884 
WKN:          A2LQ88 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Tradegate Exchange 
EQS News ID:  1177785 
 
End of News   DGAP News Service 
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1177785 2021-03-24

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March 24, 2021 02:32 ET (06:32 GMT)