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A strong H1, more emphasis on used/rental
Stern Groep | 25/08/2021

Stern’s 2020 financial and operational restructuring has placed it in a good position to cope with the uncertain car market in 2021. Opportunities…

Executive interview
Stern Groep – executive interview | 18/08/2021

Stern Groep is one of the largest automotive groups in the Netherlands. With around 61 dealer and Stern Point car repair locations and revenues of almost…

Opportunities opening up
Stern Groep | 12/05/2021

In 2020, Stern restructured its balance sheet and further streamlined operations. This puts it in a good position to cope with the uncertain car market,…

Riding pandemic waves
Stern Groep | 29/03/2021

In 2020, Stern has taken the opportunity to restructure its balance sheet by impairing tax assets and goodwill, and accelerating its digital strategy.…

Lower profitability in Q3
Stern Groep | 18/11/2020

Stern reported a 5% reduction in revenues in its Q3 trading update. Profitability lagged, especially because of COVID-19 related effects in workshop utilisation…

Optionality in a perfect storm
Stern Groep | 13/10/2020

Downturns tend to be opportunities to invest in car dealerships, especially those that are likely to emerge stronger. Stern is well positioned to weather…