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The latest announcement is out from CAR Group ( (AU:CAR) ).
CAR Group Limited reported robust financial results for the first half of FY25, with a 12% increase in proforma revenue and earnings, reflecting its strategic investments and diverse global portfolio. The company achieved significant growth in key markets such as Brazil and Korea, with notable progress in customer-to-customer payments in Australia and a resilient performance in North America. These results highlight CAR Group’s commitment to enhancing the buying and selling experience while positioning itself for continued growth in large, under-penetrated markets.
More about CAR Group
CAR Group Limited operates in the automotive industry, focusing on providing diverse services and products related to car buying and selling. The company has a strong market presence across various geographies, including Australia, Brazil, North America, and Korea, with a strategy centered on growth and expanding market leadership.
YTD Price Performance: 13.76%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €9.4B
See more data about CAR stock on TipRanks’ Stock Analysis page.
