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70% growth surge in early 2025 and €10 million boost to 2024 EBITDA | TheGreekDeal.com
INSTACAR
70% growth surge in early 2025 and €10 million boost to 2024 EBITDA
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Instacar is on track for remarkable growth, reporting a staggering 70% increase in activity during the first two months of 2025. The company is targeting an overall growth of 50% by the end of the fiscal year compared to 2024.

Last year, Instacar marked a significant milestone with its EBITDA rising by approximately €10 million, enhancing the EBITDA margin by 8 percentage points from 45% to an impressive 53%. This growth was mirrored in EBIT, which also improved by around €3.5 million, resulting in an EBIT margin boost of 8 percentage points, from 10% to 18%.

FLEET EXPANSION UNDERWAY

The fleet size has expanded significantly, now totaling 5,500 vehicles—up from 4,000 in 2023. According to insights from BnB Daily, the company aims to increase the fleet by an additional 50% this year. This growth can be attributed to Instacar's innovative leasing model, which provides customers with a flexible range of product offerings.

STRATEGIC FOCUS FOR 2025

In 2025, Instacar's growth strategy will emphasize deeper penetration into the used car sales sector, with the goal of capturing market share from industry leader, car.gr. The company’s competitive edge lies in the quality and safety guarantees offered for its vehicles, complemented by the attractive benefits extended to customers. Additionally, Instacar plans to undertake a comprehensive fleet renewal to maintain its service quality and responsiveness to market demands.

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