Revenue and Profit Growth
Group revenue grew by 5%, operating profit increased by 6%, and basic EPS grew by 11%. Retailer revenue, the largest revenue area, grew by 6%.
Deal Builder Expansion
Deal Builder adoption accelerated, with 4x as many retailers onboarded in this period compared to the previous 6 months. The number of live adverts increased by 25% in one month, reaching 160,000 by the end of October.
AI and Co-Driver Success
Co-Driver AI tools have seen strong engagement with over 10,000 retailers using them. The AI-driven features are contributing to the platform's growth and retailer engagement.
Strong Market Position
Auto Trader maintains over 75% of all time spent across its main competitor set, with monthly visits up 1% to 83.3 million.
Cash Returns to Shareholders
GBP 162.2 million was returned to shareholders through dividends and share buybacks.