
CAR Group reports double-digit global growth in H1 FY26
CAR Group (ASX:CAR) has signaled a robust start to the 2026 financial year, reporting double-digit growth across its global portfolio for the six months ended Dec. 31, 2025.
The digital marketplace giant showcased the resilience of its diversified business model, underpinned by a significant surge in its international territories and a reinforced leadership position in the Australian market.
The company’s financial health appeared remarkably synchronised with its expansion strategy.
Proforma revenue reached $626 million, a 13% increase on a constant currency basis compared to the prior corresponding period.
The momentum translated effectively to the bottom line, with Proforma EBITDA rising 12% to $339 million.
On a reported basis, net profit after tax climbed 16% to $143 million, while a high EBITDA-to-operating cash flow conversion of 95% underscored the group's operational efficiency.
While carsales maintained its dominant foothold in Australia, the North American division, Trader Interactive, saw high demand for premium products.
Meanwhile, Latin America emerged as a standout performer, where webmotors leveraged its market leadership to deliver what management described as "outstanding" financial results.
The board declared a 30% franked interim dividend of 42.5 cents per share, representing a 10% increase for shareholders.
By reaffirming its full-year outlook, CAR Group suggests that its strategic exit from the Australian Tyres business in early 2025 has streamlined the company.
More from Australia
Wiluna Mining starts underground drilling at Happy Jack Lower deposit
88 Energy secures $15.5M farm-out deal
Grange Resources posts September quarterly report
National Reconstruction Fund Corporation posts 7.7% return
SiteMinder updates growth guidance to mid-20s percentage
Iluka Resources reports Q3 production jump to 76kt