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CAR Group Limited (ASX:CAR)

ALERT: Price-sensitive ASX Announcement for CAR
Current share price for CAR : $25.690 1.21 (4.94%)+
Announcement
Release
9 Feb 2026 8:15AM
Price at Release
$24.480
Full Release
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Summary
CAR Group Limited presented their FY26 half-year results, showcasing significant growth across their global portfolio of online automotive assets. The highlights include an 8% increase in proforma revenue to AUD 626 million, driven by strong performance in North America and Latin America, which saw revenue growth of 13% and 30% respectively. The group's EBITDA also rose by 12% to AUD 339 million. In Australia, revenue growth was supported by increased product diversification and market penetration. The group maintained a robust balance sheet with a leverage ratio of 1.8x and strong cash conversion. The outlook for FY26 remains positive, with expected revenue growth across all regions, driven by strategic investments in marketing, product development, and geographical expansion. The company also announced an interim dividend of 42.5 cents per share, reflecting a 10% increase from the previous period.
Key Points
  • CAR Group's proforma revenue increased by 8% to AUD 626 million.
  • Strong performance in North America and Latin America with 13% and 30% revenue growth respectively.
  • EBITDA increased by 12% to AUD 339 million.
  • Maintained a leverage ratio of 1.8x with strong cash conversion.
  • Positive FY26 outlook with expected revenue growth across all regions.
  • Announced an interim dividend of 42.5 cents per share, a 10% increase.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.