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CAR Group Limited (ASX:CAR)

ALERT: Price-sensitive ASX Announcement for CAR
Current share price for CAR : $25.290 -1.73 (-6.40%)+
Announcement
Release
10 Aug 2026 8:32AM
Price at Release
$27.020
Full Release
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Summary
CAR Group Limited announced strong financial results for FY26, showcasing significant revenue and earnings growth across its global operations. The company's diversified business model and focus on product innovation, especially in artificial intelligence, have played a crucial role in maintaining its market leadership. Revenue increased by 12% on a constant currency basis, reaching AUD 1,253 million, and adjusted EBITDA also rose by 12% to AUD 700 million. The company declared a final dividend of 43.5 cents per share, bringing the total FY26 dividends to 86.0 cents per share. CAR Group has made considerable strides in developing connected automotive ecosystems and expanding its market presence globally, particularly with the launch of Nexgate in Australia and continued growth in North America, Latin America, and Asia. The outlook for FY27 remains positive, with expected revenue growth driven by ongoing investment in innovation and technology ecosystems.
Key Points
  • CAR Group reported revenue of AUD 1,253 million, up 12% on a constant currency basis.
  • Adjusted EBITDA increased to AUD 700 million, up 12%.
  • Final dividend per share of 43.5 cents declared, totaling 86.0 cents per share for FY26.
  • Significant progress in connected automotive ecosystems and market expansion.
  • Launch of Nexgate in Australia, enhancing dealer workflow and data solutions.
  • Continued growth in North America, Latin America, and Asia.
  • FY27 revenue growth expected to be driven by innovation and technological investments.
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.