CAR Group (AU:CAR) has released an update.
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CAR Group Limited reported strong financial performance for FY24, with a 17% increase in proforma revenue and earnings, reflecting the success of their diversified business model and the growth of new products and services. The company saw a significant 41% rise in adjusted revenue, alongside a robust 99% conversion of EBITDA to operating cash flow. Shareholders were rewarded with an 18% increase in the final dividend, marking a 20% rise in total dividends for the year.
For further insights into AU:CAR stock, check out TipRanks’ Stock Analysis page.
