CAR Group (AU:CAR) has released an update.
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CAR Group Ltd reported a significant revenue increase of 41% for the full year ended June 30, 2024, although profits after tax saw a sharp decline by 60%. Despite this downturn, the adjusted net profit rose by 24%, indicating a stronger underlying performance when excluding certain items. The company also declared an increased final dividend of 38.5 cents per share, payable in October 2024.
For further insights into AU:CAR stock, check out TipRanks’ Stock Analysis page.
