Auto Partner published today its Q1’26 results, which are in line with the preliminary figures. Accordingly, we should expect a neutral market reaction to the results.
▪ Final results. Auto Partner reported final results that are essentially in line with the previously reported preliminary figures.
▪ Sales. Auto Partner reported sales in 1Q'26 of 1.2 billion PLN (+9% y/y), i.e. in line with the previously published preliminary reports.
▪ Gross margin for 1Q'26 was 27.8%, indicating a y/y increase of 2.4 pp. In line with the preliminary results.
▪ EBITDA. Auto Partner generated EBITDA of 105 million PLN (+47% y/y) in the first quarter. In line with the preliminary results.
▪ Net profit was 62 million PLN (+58% y/y). In line with the preliminary results.
▪ Operating cash flow. The company reported 158 million PLN (+37% y/y).
▪ Inventories rose by about 7% y/y to 1.3 billion PLN.
▪ Net debt was about 450 million PLN, i.e. 1.2x net debt/EBITDA.
Auto Partner’s Q1 2026 results

























































































