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CAR Group Limited (ASX:CAR)

ALERT: Price-sensitive ASX Announcement for CAR
Current share price for CAR : $23.895 -3.125 (-11.57%)+
Announcement
Release
10 Aug 2026 8:31AM
Price at Release
$27.020
Full Release
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Summary
The CAR Group Limited Annual Report for FY26 highlights the company's strong financial performance with a 12% growth in both revenue and EBITDA. The net profit after tax for members increased by 14% to 313.7 million AUD, and the company declared a total dividend of 86.0 cents per share. Operating across diverse markets, the Group achieved significant growth in adjusted net profit and maintained stable leverage and cash conversion ratios. Emphasis was placed on AI-driven innovations and cultural initiatives, underscoring the company's strategic focus on technology and employee satisfaction.
Key Points
  • CAR Group Limited achieved 12% growth in revenue and EBITDA for FY26.
  • Net profit after tax attributable to members increased by 14% to 313.7 million AUD.
  • The company declared a final dividend of 43.5 cents per share, totaling 86.0 cents for the year.
  • Proforma revenue was reported at 1.253 billion AUD, and EBITDA at 700 million AUD.
  • The Group operates digital automotive marketplaces across Australia, South Korea, the United States, Brazil, and Chile.
  • The CAR Group achieved an 8% growth in adjusted net profit after tax to 407.2 million AUD.
  • Leverage remained stable at 1.7 times net debt to EBITDA ratio.
  • The company maintains strong cash conversion with an EBITDA to cash conversion ratio of 100%.
  • CAR Group's culture and employee satisfaction were highlighted, with multiple Great Place to Work® certifications achieved.
  • The Group's strategic initiatives and technological advancements, including AI innovations, were emphasized.
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.