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.
