Q1 2022 AUTO1 Group SE Earnings Call Transcript
Good afternoon or good morning to our American participants. Welcome to the AUTO1 Group First Quarter 2020 Results Presentation. I'm Philip Reicherstorfer, Group Treasurer. This afternoon, I'm joined by Christian Bertermann, Co-Founder and CEO; and Markus Boser, our CFO. We will start with a presentation followed by questions and answers.
(Operator Instructions)
Before I hand over, I must make you aware of the safe harbor provisions at the beginning of the presentation. This will apply to any forward-looking statements made by management today. And now over to Christian.
Thank you, Philip. Good afternoon from Berlin, and welcome to the AUTO1 Group Q1 earnings call. Over the course of Q1, we continued to execute well towards our goal of becoming the largest and most profitable car dealer in the EU. In a complex and challenging environment, our merchant business expanded its market
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