CAR Group Ltd (ASX:CAR)

A$ 35.71 1.18 (3.42%) Market Cap: 13.47 Bil Enterprise Value: 14.49 Bil PE Ratio: 38.34 PB Ratio: 4.55 GF Score: 93/100

Carsales.Com Ltd to Acquire Trader Interactive LLC Call Transcript

Jun 27, 2022 / 01:00AM GMT

Release Date Price: A$20.12

Transcript

Operator

Thank you for standing by, and welcome to the carsales.com Limited Acquisition and equity raise presentation. (Operator Instructions) I'd now like to hand the conference over to Mr. Cameron McIntyre, Managing Director and CEO. Please go ahead.

Cameron McIntyre

carsales.com Ltd - MD, CEO & Director

Thanks, Darcy. Morning, everyone, and welcome to this morning's call. It's a very important day in the evolution and growth of the carsales so, so glad you can join us. On the call with me in my office, I've got the carsales CFO, Will Elliott. I've also got the CEO of Trader Interactive, Lori Stacy. So we're going to take you through the acquisition of the remaining 51% of Trader Interactive via our call option. We want to talk to you about why this acquisition is so attractive for our shareholders, why we like Trader Interactive and what our integration and growth plans will be going forward. We've released the presentation on the ASX. So I'm assuming you've all got that in front of you. I'll briefly run through the presentation and leave as much time as I can

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