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Carsales.com Announces Results for the Full Year Ended 30 June 2021

16 Aug 2021  |  07:59:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Media Release FY21 Results

Carsales.com announced results for the full year ended 30 June 2021 that demonstrate the continued momentum in Company's Domestic and International portfolio. The three key marketplace businesses in Australia, South Korea and Brazil have all strengthened their market leadership positions, with car buyers and sellers using these sites at record levels. The company also announced the minority acquisition of Trader Interactive, a marketplace business in the US that has positions in the recreational vehicle, powersports, truck and equipment markets. It reported growth metrics with Reported Revenue up 8% to $427m, Reported EBITDA up 20% to $241m and Reported NPAT up 9% to $131m.

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