Autohellas (OTOEL) Q1 2026 earnings summary

Executive summary

• Revenue increased by 2% year-over-year to €220.9 million in Q1 2026, with EBITDA up 5.8% to €51.6 million.

• Net result after tax was a loss of €0.6 million, compared to a profit of €1 million in Q1 2025, mainly due to higher fleet depreciation.

• Equity stood at €555.5 million as of March 31, 2026.

Financial highlights

• Gross profit declined to €24.5 million from €30.2 million year-over-year.

• EBIT dropped 47.9% to €4.9 million, and profit before tax turned negative at -€2.6 million.

• Cash and cash equivalents increased to €86.9 million from €96.7 million year-over-year.

Outlook and guidance

• Positive momentum in Greek tourism is expected to support short-term rental growth.

• Long-term rentals continue to grow strongly amid competitive market conditions.