Carsales.com profit up 69 per cent

Company News

by Rachael Jones

Carsales.com (ASX:CAR) has seen a full year net profit of $185 million, up 69 per cent on the same period last year where it stood at $110 million.

Revenue leapt 19 per cent to $444 million from last year’s $372 million.

EBITDA rose 16 per cent to $205 million.

Final dividend of 23.7c, up 10 per cent on prior corresponding period.

Shares in Carsales.com (ASX:CAR) rose 1.37 per cent to $14.85.
 

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