Record Revenue Growth
Group revenue increased by 8% to £283.5 million. Auto Trader revenue increased by 9%, with trade revenue also increasing by 9%. Operating profit increased by 14%, and basic earnings per share grew by 22%.
Strong Consumer Engagement
Average cross-platform visits were up 7% to 82.6 million per month, and engagement measured as cross-platform minutes was 560 million minutes per month. Auto Trader accounts for over 75% of all time spent across its main competitor set.
Deal Builder Expansion
Deal Builder has progressed with around 1,500 retailers and 56,000 cars on the trial. The number of deals increased to 23,000 in the period, a tenfold increase from the same period last year.
Employee Satisfaction and Diversity
91% of employees are proud to work at Auto Trader. The percentage of female employees remained at 44%, and ethnically diverse employees increased to 18%.