Autohellas (OTOEL) Q4 2025 earnings summary

Executive summary

• Achieved record consolidated revenue of €1,034.1 million in 2025, up 4.9% year-over-year, with profitability maintained since listing in 1999.

• EBITDA rose to €294.7 million, up 5.9% year-over-year, with stable operational and financial performance.

• Board proposed a dividend of €0.85 per share for 2025, reflecting strong shareholder returns.

• Equity increased to €584 million at year-end 2025, up from €490 million in 2024.

• Maintained leadership in the fragmented Greek rent-a-car market, leveraging a broad network and operational excellence.

Financial highlights

• Revenue reached €1,034.1 million, up 4.9% from 2024; EBITDA at €294.7 million, up 5.9%; EBIT at €117.3 million, down 5% year-over-year.

• Net profit stood at €80.9 million, compared to €85 million in 2024; profit after tax declined 6.1%.

• Net debt/equity ratio at 1.33 in 2025, among the lowest in the industry.

• Dividend/capital return payout for 2025 was €0.85 per share, with a yield of 7.83%.

• Group assets and equity increased mainly from fleet expansion, with investments in approximately 20,000 new cars.

Outlook and guidance

• Early 2026 shows continued growth in long-term rentals and a positive tourism outlook, with airline seat capacity to Greece up 7%.

• Focus on expanding integrated mobility services, fleet renewal, and leveraging logistics and network capacity.

• Hotel reservations are up single digits year-to-date, though March saw a slowdown post-Middle East conflict.

• Auto trade faces increased competition and margin pressure due to new brands; new Chinese brands expected to contribute meaningfully only after 2027.

• International focus on improving Portugal operations and maintaining strength in the Balkans; Cyprus faces tourism headwinds due to proximity to conflict.