CAR Group Ltd (ASX:CAR)

A$ 34.89 0.59 (1.72%) Market Cap: 13.16 Bil Enterprise Value: 14.18 Bil PE Ratio: 36.83 PB Ratio: 4.38 GF Score: 93/100

Half Year 2020 Carsales.Com Ltd Earnings Call Transcript

Feb 11, 2020 / 10:30PM GMT

Release Date Price: A$16.8 (-0.56%)

Transcript

Cameron McIntyre

carsales.com Ltd - MD, CEO & Director

Thanks, Christian. Good morning, everyone, and welcome to the call this morning.

So this morning, in keeping with tradition, what we'll try and do is we'll try and get through the presentation in about 30 minutes, and then we'll allow another 30 minutes for Q&A.

In the room with me today, I've got Ajay Bhatia, so Ajay is the MD for Australia; Paul Barlow, who's the MD for International; Will Elliott, who's our new Chief Financial Officer; Kellie Cordner, who's our Chief Marketing Officer; and SB Kim, who's the Chief Executive Officer of Encar in South Korea.

I'll call out the slide numbers as we sort of go through it. So if you turn to Slide 4, which is just the highlights slide. And I guess from my point of view, the result really does continue to demonstrate the market leadership and the strategy that we've been executing over the many years now to build the diversified business that we've got. And revenue up 5%, EBITDA up 6% and NPAT up 7%.

Domestically, it has been a tougher automotive market with

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