Aramis Group has reported sales of 940.8 million euros for the first half of 2023, up +7.8% on the same period of 2022.

Sales volumes of reconditioned cars were up +15.6% on the first half of 2022, of which +4.9% excluding acquisitions in Austria and Italy, clearly outperforming the -9% decline in the used car market.

Gross margin per vehicle sold (GPU) stood at 2,166 euros, in line with Aramis Group's target of 2,150 euros, despite the dilutive effect of the acquisitions in Austria and Italy.

As a result, Aramis once again posted positive adjusted EBITDA of €1.0 million, the fruit of Aramis Group's adaptation to new market balances and disciplined cost management.

For the full year 2023, barring any further deterioration in the macroeconomic environment, Aramis Group expects positive organic growth in sales volumes of reconditioned vehicles to private individuals, and positive adjusted EBITDA.

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