Aramis Group Reports Q3 Revenue Decline, Confirms Full-Year Targets
Car dealer Aramis Group saw its revenue decrease by 5.4% in the third quarter compared to the previous year. The company reaffirmed its financial targets for the full year 2026.
Aramis Group reported third-quarter revenues of €559.2 million, a 5.4% decrease year-over-year. The decline was attributed to a temporary reduction in pre-registered vehicle volumes, which fell by 20.0%.
Despite the overall dip, the company's refurbished vehicle volumes increased by 2.9% in the quarter, outperforming a market that declined by 5.1%. Italy and Spain showed strong growth, with revenues up 54% and 17% respectively. Refurbished vehicle sales in France grew 11%.
The company also saw a 27% increase in customer purchasing (C2B) volumes across all geographies. Operations in the United Kingdom and Austria are stabilizing, with plans to open two new customer centers.
Aramis Group confirmed its financial targets for 2026, expecting to sell at least 110,000 B2C vehicles and achieve an adjusted EBITDA between €35 million and €45 million.