CAR Group Limited announced its H1 FY24 results, showcasing double-digit revenue and earnings growth across all key markets, attributed to strategic acquisitions and strong performance in the US, Brazil, Australia, and Korea.
Financial highlights include an 18% increase in proforma revenue to $531m, and a 19% rise in proforma EBITDA to $277m, with a 52% EBITDA margin.
Adjusted revenue soared by 60% to the same figure, reflecting successful integrations and operational efficiencies.
The company also declared a 50% franked interim dividend of 34.5 cents per share, up 21% from the previous period.
These results underline CAR Group's robust business model and market leadership, amidst a challenging macroeconomic environment.
THIS POST WAS BASED ON THE ASX ANNOUNCEMENT 12/2/2024