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CAR Group’s Revenue and Profits Surge in First Half of 2024

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CAR Group’s Revenue and Profits Surge in First Half of 2024

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CAR Group ( (AU:CAR) ) has shared an update.

CAR Group Ltd reported a 9.1% increase in revenue from continuing operations for the half year ending December 31, 2024, totaling A$579,408,000. The company’s profit after tax rose by 7.3% to A$131,095,000, and net profit attributable to members increased by 5.5% to A$123,475,000. The adjusted net profit, considered a better performance measure by the directors, saw a 9.0% rise to A$177,275,000. The interim dividend for 2025 was declared at 38.50 cents per security, with a payable date set for April 14, 2025. These financial results indicate a solid performance for CAR Group, reflecting its continued growth and strong market position.

More about CAR Group

YTD Price Performance: 13.76%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €9.4B

See more insights into CAR stock on TipRanks’ Stock Analysis page.

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