AUTO1 Group SE (ATOGY) Q2 2026 Earnings Call Transcript

SA Transcripts 161.31K Followers Follow AUTO1 Group SE ( ATOGY ) Q2 2026 Earnings Call July 29, 2026 8:00 AM EDT Company Participants Philip Reicherstorfer - Director of Group Treasury Christian Bertermann - Co-Founder, CEO & Chairman of the Management Board Christian Wallentin - CFO & Member of Management Board Conference Call Participants Marcus Diebel - JPMorgan Chase & Co, Research Division Andrew Ross - Barclays Bank PLC, Research Division James Tate - Goldman Sachs Group, Inc., Research Division Fathima-Nizla Naizer - Deutsche Bank AG, Research Division Presentation Philip Reicherstorfer Director of Group Treasury Good morning, Hello, and good afternoon, good morning and good evening to international participants. Welcome to the AUTO1 Group Second Quarter 2026 Results Presentation. I'm Philip Reicherstorfer, Group Treasurer. I'm joined today by Christian Bertermann, our Co-Founder and CEO; as well as Christian Wallentin, our CFO. As always, we will start with the presentation followed by a question-and-answer session. [Operator Instructions] Before I hand over, I must make you aware of the safe harbor provisions at the beginning of the presentation here. These will apply to any forward-looking statements made by management today. And now over to you, Christian. Christian Bertermann Co-Founder, CEO & Chairman of the Management Board Hi, everyone. Thank you, Philip. Welcome to the AUTO1 Group Second Quarter Earnings Call. Our second quarter results were very strong. We delivered increasing operating leverage across the business at scale. We sold 240,000 units at the group level. This is up 20% year-on-year. Total gross profit reached EUR 281 million, an increase of 21% compared to Q2 of last year. And we grew adjusted EBITDA from EUR 42 million in Q2 '25 to EUR 59 million this year, representing an outstanding 38% increase. Our adjusted EBITDA margin climbed to 2.4%. This is 30 basis points higher than last year and the highest Q2 margin we ever achieved.