Aramis announced last night that it had continued to grow in the first quarter of its offbeat financial year, which ended at the end of December, despite a market environment described as "deteriorated".

The distributor of reconditioned cars said it had recorded sales of 439.3 million euros in the last three months of 2022, up +10.8% on a reported basis.

Growth came to 2.5% on the historical scope of consolidation, excluding the acquisitions made at the end of 2022 in Austria and Italy

Against this backdrop, Aramis Group reiterates its outlook for fiscal 2023, excluding any further deterioration in the macroeconomic environment.

The Group expects positive organic growth in sales volumes of reconditioned vehicles to private customers, and a gradual improvement in adjusted Ebitda over the course of the year, excluding restructuring costs.

Listed on Euronext Paris, the automotive group's share price climbed 5.7% following this publication.

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