Inter Cars SA (FRA:7FZ)
€ 180 +3.6 (+2.04%) Market Cap: 2.65 Bil Enterprise Value: 3.34 Bil PE Ratio: 14.37 PB Ratio: 2.05 GF Score: 93/100

Q2 2025 Inter Cars SA Earnings Call Transcript

Sep 15, 2025 / 11:00 AM GMT
Release Date Price: €124.4 (-4.45%)

Key Points

Positve
  • Inter Cars SA (WAR:CAR) achieved a 9% increase in group revenue for 2025, reaching 5.3 billion.
  • The company experienced a sales growth in units of 11.4% in the first half of 2025, indicating strong demand.
  • Inter Cars SA is diversifying geographically, with higher growth rates in foreign distribution companies compared to domestic sales.
  • The company opened 19 new branches abroad, expanding its distribution network to 670 branches.
  • Cost optimizations and reductions, particularly in IT and logistics, led to a decrease in selling, general, and administrative costs to 13.8% of sales revenue.
Negative
  • The gross margin decreased from 30% to 28.4% in the second quarter of 2025 due to price competition and weaker demand.
  • Domestic market revenue in Poland declined, accounting for 39% of sales compared to 40% previously.
  • Financial costs increased to 54 million from 42 million in the same period of 2024, primarily due to increased investment scale.
  • A fire destroyed the Inter Cars Ukraine warehouse, with initial estimated losses of around 21 million.
  • The company faced price reductions from suppliers, contributing to downward pressure on prices.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CARP.WA - Inter Cars SA
Q2 2025 Inter Cars SA Earnings Call
Sep 15, 2025 / 11:00AM GMT

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Presentation
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2025 Group revenue reached the level of 5.3 billion representing an increase of 9.

However, in the first half of 2025, revenues reached the level of slightly above 10 billion, representing an increase of 7.6%. When we compare it to the sales dynamic measures in the units, after the first two quarters of 2025, the group achieved sales growth in units of around 11.4%. The difference between 11.4% in units versus 7.6% in nominal terms shows, more or less what kind of price competition, we have to face in the first half of 2025.

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The share of domestic state continues to decline and in domestic and in Poland continues to decline.

Compared to higher growth of sales of our foreign distribution companies.

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