Carsales.com Ltd
(ASX:CAR) has released its financial results for the first half of the current financial year (H1 FY17).
The company reported that its total operating revenue rose 7% to $178.6 million, compared to the previous corresponding period (H1 FY16).
As for its first-half EBITDA, that rose 2% to $83.2 million compared to the previous corresponding period (PCP).
Carsales declared an interim dividend of 18.7 cents per share, which is an increase of 5% higher compared to the previous interim dividend.
The company says some highlights from the first-half include it South Korean business delivering strong local currency revenue growth, and private seller revenue increasing by 26% (compared to the PCP).
