Autohellas (OTOEL) Q1 2025 earnings summary

Executive summary

• Consolidated revenue for Q1 2025 was €216.6 million, nearly flat year-over-year at -0.2%.

• EBITDA declined 5.2% to €48.8 million compared to Q1 2024.

• Earnings after tax dropped sharply to €1 million, mainly due to the absence of prior-year extraordinary gains.

• Equity as of March 31, 2025, stood at €511.4 million.

Financial highlights

• EBIT fell 38.7% year-over-year to €9.4 million.

• Earnings before tax decreased 86.6% to €1.3 million.

• Gross profit was €30.2 million, down from €32.2 million in Q1 2024.

• Profit attributable to owners of the parent was €0.24 million, down 96.5% year-over-year.

Outlook and guidance

• Strong tourist arrivals are expected to continue, supporting short-term rental demand.

• Ongoing investments in fleet expansion, especially higher-category vehicles, to meet demand.

• Long-term rentals, including hybrid/electric vehicles, are projected to maintain upward momentum.