CAR Group Limited (CAR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

everyone, and thanks for joining us to discuss Car Group's H1 FY26 results. Over the next 30 minutes, I'll provide a brief summary of our half-year results and our strategic progress, and this will be followed by a Q&A session where I'll be joined by members of our leadership team. Joining me today in Melbourne is Rachel Scully, our Agent of Investor Relations, and dialed in, we also have Craig Fraser, the MD of Car Sales in Australia. FB Kim, the CEO of NCAR in South Korea, David McNim, the CEO of Trader Interactive in the United States, and Eduardo Juscevic, the CEO of WebMotors in Brazil. So we'll start with slide five, which illustrates the continued strength of Carbrook. We've delivered a great result and extended our track record of growth. On a constant currency basis, we delivered 13% growth in revenue, 12% growth in EBITDA, with EBITDA margins remaining strong at 54%. Adjusting net profit after tax increased by 12% in constant currency and need results reflect the high quality of our earnings as well as that disciplined approach to scaling the business. Our long-term financial performance underscores the effectiveness of our strategy to reflection of our commitment to making vehicle transactions faster, simpler and more seamless for our customers. What this trend also demonstrates is the resilience of our business model and by diversifying across geographies, products and verticals, We've built a business that's capable of delivering consistent growth regardless of the macro conditions. Turning to our operational highlights, the core of our business is consumer engagement. And all these metrics, as you can see, are exceptionally strong. We've got healthy levels of inventory with 2.4 million vehicles online. Our dealer base has grown nicely, which proves that...