Autotrader Group Plc (ATDRF) Q4 2024 Earnings Call

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Watch the replay and follow the connected company analysis, news, and investor updates for Autotrader Group Plc.

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WEBVTT 00:00:00.660 -- 00:00:04.962 Good morning everyone and welcome to Autotrader's four-year results for the year ending 00:00:04.962 -- 00:00:07.913 on the 31st of March 2024. 00:00:08.204 -- 00:00:13.728 As usual, I'm joined by our COO, Catherine, and our CFO, Jamie, who will be both presenting 00:00:13.728 -- 00:00:16.629 and joining me later for Q&A. It 00:00:16.629 -- 00:00:21.892 has been another year of strong financial, operational and strategic progress for Autotrader, 00:00:21.892 -- 00:00:27.185 building on the consistent performance displayed since our IPO in 2015. 00:00:27.185 -- 00:00:31.087 It is testament to the strength of our marketplace and the partnerships that we're building 00:00:31.087 -- 00:00:33.148 with our customers. 00:00:33.148 -- 00:00:37.490 We've seen record levels of demand and consumer engagement on our platform. 00:00:37.490 -- 00:00:41.552 We have increasing numbers of customers relying on our data and technology services to 00:00:41.552 -- 00:00:45.634 run their businesses, and we've made good progress on our strategic initiatives, which 00:00:45.634 -- 00:00:51.136 provide a meaningful opportunity to extend our role in car buying and retailing. 00:00:51.136 -- 00:00:55.718 I'd like to say thank you to our people, customers, shareholders, and wider stakeholders 00:00:55.718 -- 00:00:59.686 for their continued trust in our organization. 00:01:03.328 -- 00:01:06.028 Starting with some of the highlights during the year. 00:01:06.028 -- 00:01:10.050 At a group level, revenue grew 14% and operating profit grew 26%. 00:01:10.050 -- 00:01:11.910 Within 00:01:11.910 -- 00:01:16.952 the core auto trader business, revenue growth was 12%, driven by double digit growth 00:01:16.952 -- 00:01:22.593 across all revenue segments. Trade, consum...