Alphabet consolidates its growth, beating its profit record with 47.5 million euros

by time news

2023-07-12 17:31:32

Alphabet closed 2022 with a gross profit of 47.5 million euros, which represents a year-on-year increase of 68% compared to the year of 2021, whose profits already exceeded those of the previous year by 50%.

These results are partly driven by the behavior of the used vehicle division, which doubled its profit and “continued to post excellent figures in the first half of 2023”. The CEO, Alberto Copado, has stated that although 2022 has been marked by uncertainty and instability, “for Alphabet it has been an extraordinary year.”

Copado has highlighted that its business continues to grow thanks to the trust of its customers and it does so at a higher rate than the market for 100% electric vehicles.

Commitment to electrification and sustainability

from the company they explain that “in the face of a worrying 72% of Spanish companies that are not monitoring the CO 2 emissions of their fleet, according to the Alphabet study on Fleet Emissions in Europe 1 , the company is clear about its commitment and is more than prepared to advise and guide its clients in choosing the most appropriate sustainable mobility solutions, thanks to personalized advisory and consulting services”.

This is demonstrated by the growth rate in Alphabet registrations in 100% electric vehicles in 2022 above the market average, with 24% compared to 15%, and its forecast is to continue leading this transformation.

New business

In the first half of 2023, compared to the same period of the previous year, Alphabet continues to experience growth in its vehicle fleet, highlighting an increase of more than 30% in new business operations.

In addition, the company continues to increase its profit, reaching an interannual growth of 11% during this period.

The rate of growth in registrations of Alphabet in 100% electric vehicles in 2022 it is higher than the market average, with 24% compared to 15%, and its forecast is to “continue leading this transformation”.

Regarding digitization, the company has registered “a significant increase” in the number of procedures carried out through the client portal or the Alphabet App.

#Alphabet #consolidates #growth #beating #profit #record #million #euros

You may also like

Leave a Comment