Euromaster’s invoicing exceeds 75 million euros

Euromaster had a 12% increase in turnover in Portugal, reaching 75 million euros by 2024. Total turnover on the Iberian Peninsula exceeded 508 million euros.

In a statement, the car maintenance workshops network also reveals that in terms of market share in Portugal, it closed the year with just over 8% in light vehicles and more than 13% in industrial vehicles.

The network continues its expansion in the Iberian Peninsula -since 2020 increased by 44% -having reached 540 workshops, 93 of which located in Portugal. The rest are divided between Spain and Andorra.

In addition to the growth objective, which is to achieve the geographical coverage of the entire Iberian Peninsula in 2026 and for which franchising is decisive, Eromaster focuses on providing services for all new vehicles, especially electric vehicles.

The network also bets on scanning at all levels, with the centralization of purchasing management of all tires through a digital tool, which will continue to be widened to mechanical parts. Throughout 2025 the company will continue to support the change to an organizational model in which the criteria are unified in the operation of all workshops on the network.

In addition to the dissemination of results, Euromaster also announced that Boanerges Corado Neto was appointed Director General for Spain and Portugal.

The official assumes the challenge of boosting network growth and expanding his presence in the Iberian Peninsula, in a plane that includes a 50% increase in the number of workshops in the Iberian market by 2026.

Boanerges Corado Neto will also seek to ensure that the Euromaster network is prepared to respond to the growing electrification of the Auto Park of both four -wheel and two -wheeled vehicles. consolidating the company’s position as a leader in full vehicle maintenance.

With over 30 years of experience in the Michelin group, Boanerges Neto has a deep knowledge of the sector, both from the point of view of the product and the distribution and the associated services.

In addition to its new role ahead of Eromaster in the Iberian Peninsula, it will integrate Euromaster’s Board of Directors and leadership team, where it will contribute to the company’s global view.

For Boanerges Corado Neto, quoted in a statement, « Portugal is a very dynamic market and the main goal is to increase our presence to be closer to customers, not only with more centers, but also with more services so that we are their preferred choice for vehicle maintenance. »