AUTO1 Group Reports Landmark Year with Record 2024 Results

AUTO1 Group SE, a leading digital platform for buying and selling used cars in Europe, announced outstanding financial results for 2024 and the fourth quarter. The company saw record figures across crucial metrics, including unprecedented units sold, gross profit, and adjusted EBITDA.

In 2024, AUTO1 Group sold 689,773 units, a 17.7% increase from the previous year. The firm achieved a record gross profit of EUR 724.7 million, marking a 37.3% increase. Adjusted EBITDA showed significant improvement, reaching EUR 109.2 million.

Q4 2024 was particularly strong, with 183,083 units sold, a 24.8% year-over-year increase. Revenue for the quarter hit EUR 1.7 billion, and gross profit soared by 50.5% to EUR 201.3 million. AUTO1 Group's adjusted EBITDA for the quarter stood at EUR 37.2 million.

Looking ahead, AUTO1 Group aims to sell between 735,000 and 795,000 units in 2025 and expects gross profit to be between EUR 800 million and EUR 875 million.