Ayvens: net income, group share down 40.5% in Q1

(CercleFinance.com) - Ayvens (ex ALD) has reported a 40.
5% drop in Q1 net income to E187.8m, despite gross operating income increasing 9.6% to E801.7m.

The 40.5% decrease from the exceptionally high base of E315.5m in Q1 2023 is mainly due to the normalization of the used car market from extremely favourable levels, it says.

EPS thus reached E0.2, vs. E0.56 a year earlier.


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