Aramis: EBITDA target raised for 2024

(CercleFinance.com) - Aramis Group gains more than 2% after raising its 2024 adjusted EBITDA target to over 40 million euros, for B2C vehicle sales volumes still expected to exceed 110,000 units, on a like-for-like basis.


Third-quarter sales rose by 17.3% to 573.5 million euros, with total vehicle sales to private customers up 24.8% to 28,808 units.808 units, outperforming the market by +25 points.

"Growth in our reconditioned vehicle sales accelerated sharply compared with the second quarter, and our unit gross margins improved", also emphasize co-founders Nicolas Chartier and Guillaume Paoli.

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