AUTO1 sees strong Q1 growth at Autohero brand, confirms guidance


FILE PHOTO: Flags bearing the AUTO1 logo pictured at the company grounds in Zoerbig, Germany, January 28, 2017. REUTERS/Fabrizio Bensch

BERLIN (Reuters) - German used-car platform AUTO1 Group SE on Wednesday reported strong first-quarter growth at its new direct-to-consumer brand, Autohero, as it confirmed its guidance for the year.

The results were the first since Berlin-based AUTO1 floated on the Frankfurt stock exchange in February, and Christian Bertermann, CEO and co-founder, said growth was healthy across the board despite coronavirus lockdowns.

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