Autotrader Group Plc (ATDRF) Q2 2025 Earnings Call

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WEBVTT 00:00:00.740 -- 00:00:04.726 Good morning, everyone, and welcome to Autotrader's half-year results for the six months 00:00:04.726 -- 00:00:09.854 to the 30th of September 2024. As usual, I'm joined by our COO, 00:00:09.854 -- 00:00:16.084 Catherine, and our CFO, Jamie, who will be both presenting and joining me for Q&A later. 00:00:16.084 -- 00:00:19.949 Our financial and operational performance in the first half demonstrates both the strength 00:00:19.949 -- 00:00:24.617 of our position and the strength of the partnerships we've built with our customers. 00:00:24.617 -- 00:00:28.262 Over this six-month period, we've had record levels of engagement and activity on our 00:00:28.262 -- 00:00:33.322 platforms. There are more buyers using AutoTrader, more retailers, more cars 00:00:33.322 -- 00:00:38.347 transacted than last year. While all of these dynamics are incredibly positive, the nature 00:00:38.347 -- 00:00:43.373 of these market dynamics has not necessarily benefited us in this set of results as much 00:00:43.373 -- 00:00:46.657 as you might expect. I'll come on to explain this shortly. 00:00:46.657 -- 00:00:48.657 On 00:00:48.980 -- 00:00:53.345 top of this growth in our core advertising marketplace metrics, we've made good progress 00:00:53.345 -- 00:00:57.790 with DealBuilder. With growth in the number of customers, the amount of stock, the number 00:00:57.790 -- 00:01:01.918 of deals generated, and have commenced monetizing the products. 00:01:01.918 -- 00:01:05.822 Finally, and perhaps most importantly, I would like to say thank you to our people, customers, 00:01:05.822 -- 00:01:11.486 shareholders, and wider stakeholders for their continued trust in AutoTrader. 00:01:13.630 -- 00:01:16.313 Starting with some of the highlights during the year. 00:0...