Ayvens (ex ALD) has reported a 40.5% drop in net income for the 1st quarter to 187.8 million euros, despite gross operating income of 801.7 ME, up 9.6%.

"The 40.5% decrease from the exceptionally high base of 315.5 million euros in the first quarter of 2023 is mainly due to the normalization of the used car market from extremely favorable levels," says the company.

EPS thus comes out at 0.2 euros versus 0.56 euros a year earlier.


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