Carsales com reconfirms growth target

Company News


Carsales.com (ASX:CRZ) has reconfirmed its earnings guidance for 20 per cent growth in the 2009/10 financial year.

The online car sales company also said earnings before interest, tax, depreciation and amortisation is expected to grow 30 per cent as more customers move away from print to online advertising.

Carsales.com net profit jumped in 2009 compared to the year before.

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