ELARIS AG Projects Significant Sales Growth for 2024

ELARIS AG, a prominent player in the automotive sector, announced its sales revenue forecast for the fiscal year 2024, predicting earnings between EUR 150 to 200 million. The forecast, disclosed on April 17, 2024, reflects the company's optimistic outlook based on its strong operational performance thus far.

The anticipated boost in sales is largely attributed to the positive reception of ELARIS's e-car models, with pre-orders already surmounting EUR 40 million. The company also expects a positive EBITDA for the fiscal year. Key growth drivers include the expansion of their model range, notably with the introduction of the ELARIS JAO, and escalating efforts in international markets such as Austria, Switzerland, Turkey, and Italy.