ON THE WAY TO BECOMING FINLAND ‘S LARGEST MULTI-BRAND DEALERSHIP
WETTERI IS AN AUTOMOTIVE GROWTH COMPANY
Wetteri is a Finnish consolidator of the automotive industry, with excellent prerequisites for navigating through the historic transformation of the automotive industry. Owner value arises from a comprehensive business model, organic growth, and acquisition-based growth accelerated by the transformation of the automotive sector.
Wetteri’s three business areas offer potential for growth and stability
Sale of passenger and utility vehicles
Wetteri has Finland’s largest multi-brand representation of vehicles. Wetteri’s multi-brand portfolio is a strategic choice that allows the company to meet the needs of different customer groups. The wide selection also mitigates company’s business risks.
Heavy vehicle business
The sale and long-term service and repair agreements of heavy vehicles form a substantial and highly profitable part of the group’s business. Integration into the customer’s business through after-sales services and maintenance contracts helps us create lasting customer relationships.
After-sales and repair services and spare parts sales
More than 75% of Wetteri personnel work in spare parts, service and repair operations. The company is authorised to service a total of 29 car makes.
CEO’s Review H1 2024
“There is a playoff going on in the automotive industry. The market situation is as weak as in the recession of the 1990s, and the transformation of the industry has forced many operators to choose between closing the business and selling it. Importers reorganize their dealer networks and centralize representations to the largest operators. Consolidation will continue, because in the automotive sector, size is strength. It is estimated that in three to five years there will be only a few companies trading in new passenger cars in Finland. The automotive playoff is a key driver of Wetteri’s growth, and the company continues to purposefully implement its growth strategy.”
Read more!Goals
We will become Finland’s largest and most profitable operator in the automotive industry by 2025.
Strategy
The automotive revolution is Wetteri’s growth driver. We are growing organically and through acquisitions.
Strengths
Wetteri’s strengths are its unique business model, multi-brand strategy and digital capabilities.
Over 60 years’ experience in car dealership
0.375 EUR
Share price
Wetteri Plc
MEUR 191,8
Revenue 2022
(Shorter financial year)
MEUR 9,8
EBITDA 2022
