Aramis: continued growth despite a deteriorated market environment
The distributor of reconditioned cars said it had recorded sales of 439.3 million euros in the last three months of 2022, up +10.8% on a reported basis.
Growth came to 2.5% on the historical scope of consolidation, excluding the acquisitions made at the end of 2022 in Austria and Italy
Against this backdrop, Aramis Group reiterates its outlook for fiscal 2023, excluding any further deterioration in the macroeconomic environment.
The Group expects positive organic growth in sales volumes of reconditioned vehicles to private customers, and a gradual improvement in adjusted Ebitda over the course of the year, excluding restructuring costs.
Listed on Euronext Paris, the automotive group's share price climbed 5.7% following this publication.
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