AUTO1 : Q2 results above expectations on all fronts
>Gross profit increases at high double digits leading to adj. EBITDA beat - Overall, Q2 results are above expectations. Group revenue increased by 13.3% y-o-y to € 1,518.2m which is 8.2% above consensus expectations of € 1,403.1m. Sales in the merchant segment (C2B/B2B) increased by +10.2% y-o-y to € 1,228.2m and sales in the retail segment (Autohero/B2C) came in at € 290.0m, a y-o-y increase of +28.3%. Merchant and retail sales were +8.6% and +10.1% above consensus e...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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