AUTO1 Group SE: JPMorgan Considers a Price Target of €60 Possible in the "Blue-Sky Scenario"!

On July 30, AUTO1 Group SE presented its report for the second quarter. Accordingly, sales were increased by 20.6% compared to the same period last year, reaching 200,498 vehicles. The Merchant sales grew by 18.9% to 176,674 vehicles, while Retail sales (Autohero) even increased by 34.6% to 23,824 vehicles. These robust sales figures underscore the efficiency of the vertically integrated business model and the successful engagement of both dealer and end customers. Gross profit rose by 33.4% to €231.2 million, while the adjusted EBITDA showed...