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Carsales.com Provides FY 2021 Results Presentation

16 Aug 2021  |  08:02:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY21 Results Presentation

Carsales.com provided full year results presentation for year ended 30 June 2021. It delivered 4% growth in Adjusted Revenue. Asia decline reflects additional marketing investment in South Korea to increase market share of the high growth Dealer Direct product. Excluding this investment margin in Asia expanded to 56% in FY 2021 from 55% in FY 2020. A Final dividend of 22.5 cps was declared, down 10% on pcp, reflecting the increase in the number of shares from the recent entitlement offer in relation to the Trader Interactive acquisition.

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