FY26 Half Year Media Release
| Stock | CAR Group Ltd (CAR.ASX) |
|---|---|
| Release Time | 9 Feb 2026, 8:15 a.m. |
| Price Sensitive | Yes |
CAR Group delivers excellent H1 FY26 results, reaffirms full year outlook
- Proforma revenue up 13% and proforma EBITDA up 12% in constant currency
- Reported revenue up 8% and reported EBITDA up 11% in AUD
- Strong performance across all key markets, with double-digit growth in North America, Latin America, and Asia
CAR Group Limited (ASX: CAR) today announced its results for the six months ended 31 December 2025, delivering excellent revenue and earnings growth in all key markets. The results highlight the strength and resilience of the Group's global diversified business model, and the continued momentum from new products and services. Proforma revenue was $626 million, up 13% on the prior corresponding period in constant currency, while proforma EBITDA was $339 million, up 12%. Reported revenue was $626 million, up 8% on the prior corresponding period in AUD, and reported EBITDA was $324 million, up 11%. The company maintained its strong market leadership in Australia, with growth across all key segments. In North America, Trader Interactive delivered excellent results with strong premium product uptake. Latin America delivered outstanding financial results driven by webmotors' expanded market leadership and new product momentum. In Asia, Encar grew strongly with Guarantee inspections reaching 60% of all new listings and Guarantee 2.0 launched with strong uptake from dealers. The company reaffirmed its full-year outlook, expecting proforma revenue growth of 12-14% and proforma EBITDA growth of 10-13% in constant currency.
For FY26, CAR Group expects to deliver:- Proforma revenue growth of 12-14% in constant currency- Proforma EBITDA growth of 10-13% in constant currency- Adjusted NPAT growth of 9-13% in constant currency- Net finance costs estimated to be ~$60m - $64m- D&A expected to grow at ~15-17% in line with capex growth- Effective tax rate expected to be ~20-21%
CAR Group sees continued strong performance across its global operations in FY26, driven by growth in its core markets and the successful execution of its strategy. The company remains focused on enhancing the vehicle buying and selling experience for consumers through its leading brands and continued investment in AI and new products and services.