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CAR Group Limited (ASX:CAR)

ALERT: Price-sensitive ASX Announcement for CAR
Current share price for CAR : $25.000 0.52 (2.12%)+
Announcement
Release
9 Feb 2026 8:15AM
Price at Release
$24.480
Full Release
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Summary
CAR Group Limited's half-year report for FY26 showcased a robust financial performance with a 16% increase in reported net profit after tax compared to the previous corresponding period. The company's revenue grew by 8% to AUD 625.8 million, supported by strong performance across all key markets. The company maintained a strong financial position with a 95% EBITDA to cash conversion ratio and leverage at 1.8 times net debt to EBITDA. Australia, North America, Latin America, and Asia all recorded significant revenue and EBITDA growth, demonstrating the group's diversification and market strength. An interim dividend of 42.5 cents per share was declared, illustrating the company's commitment to delivering shareholder value.
Key Points
  • CAR Group Limited reported a profit for the half-year ended 31 December 2025 of AUD 152,318,000.
  • Revenue from continuing operations increased by 8% to AUD 625,788,000.
  • Adjusted net profit attributable to members grew by 11.5% to AUD 196,753,000.
  • Proforma revenue and EBITDA grew by 14% and 12% respectively on a constant currency basis.
  • Australia's online advertising revenue and EBITDA grew by 9%, with dealer revenue increasing by 10%.
  • North America saw a revenue growth of 13% and EBITDA growth of 11%.
  • Latin America reported a 30% revenue growth leading to a 34% increase in EBITDA.
  • Asia reported a 17% revenue growth due to strong performance in South Korea.
  • The company's leverage is at 1.8 times net debt to EBITDA, with a strong cash conversion ratio.
  • A 42.5 cents per share interim dividend was declared, 30% franked, payable in April 2026.
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.