Q2 2026 AUTO1 Group SE Earnings Call Transcript
Key Points
- AUTO1 Group (ATOGF) achieved a 20% year-on-year increase in unit sales, reaching 240,000 units in Q2 2026.
- The company reported a 21% increase in total gross profit, amounting to EUR281 million.
- Adjusted EBITDA grew by 38% year-on-year, reaching EUR59 million, with a margin improvement of 30 basis points to 2.4%.
- The Merchant segment set a new quarterly record with a 17% increase in unit sales and a 28% rise in adjusted EBITDA.
- Autohero, the retail segment, saw a 40% growth in vehicle sales and a significant improvement in adjusted EBITDA margin from negative 2.5% to negative 1.5%.
- Q2 seasonality and macroeconomic factors had a limited but controlled negative impact on margins.
- The average basket size decreased due to the strong growth of new dealers, affecting unit demand per dealer.
- Investments in initiatives to speed up trading resulted in a short-term GPU drag.
- Despite improvements, Autohero remains unprofitable, requiring a balance between growth and profitability.
- Marketing costs per unit remained high, with a focus on brand building, impacting overall cost efficiency.
Welcome to the AUTO1 Group's second quarter 2026 results presentation. I'm Philip Reicherstorfer, Group Treasurer. I'm joined today by Christian Bertermann, our Co-Founder and CEO, as well as Christian Wallentin, our CFO.
As always, we will start with the presentation followed by a questions and answer session. If you would like to ask a question, please raise it via the usual Zoom Q&A tool at the bottom of your screen. We will then call on you to ask your question directly after the presentation.
Before I hand over, I must make you aware of the Safe Harbor provisions at the beginning of the presentation here. These will apply to any forward-looking statements made by management today. Now, over to you, Christian.
Hi, everyone. Thank you, Philip. Welcome to the AUTO1 Group second quarter earnings call. Our second quarter results were very strong. We delivered increasing
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
