Aramis Group: almost halved losses in 2023

(CercleFinance.com) - Aramis Group reports sales of 1,944.
8 million euros for its 2023 financial year, up +9.9% on 2022 on a reported basis and +0.7% excluding acquisitions in Austria and Italy.

Sales volumes of reconditioned cars are up +13.1% on 2022 to 78,441 units, despite a market down -5.3%.

The Group posted a positive adjusted EBITDA of ?9.6 million, in positive territory in line with Group commitments. Excluding acquisitions in Austria and Italy, it stands at 13.2 million euros, compared with -10.7 million euros in 2022.

Net income stands at -32.3 million euros, a clear improvement on 2022 (-60.2 million euros).

Aramis aims to exceed 100,000 units of B2X vehicles sold in 2024, on a like-for-like basis, and intends to generate adjusted EBITDA 'at least twice that achieved in 2023'.

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