Update: CAR Group Posts Higher Fiscal H1 Adjusted Earnings, Revenue; Reaffirms Fiscal 2026 Outlook; Shares Jump 11%

MT Newswires Live
Feb 09

(Updates to add stock movement in the headline and last paragraph)

CAR Group (ASX:CAR) reported Monday fiscal first-half adjusted earnings of AU$0.519 per share, up from AU$0.469 a year earlier.

Analysts polled by FactSet expected earnings of AU$0.52.

Revenue from continuing operations for the six months ended Dec. 31, 2025, was AU$625.8 million, compared with AU$579.4 million a year earlier. Analysts surveyed by FactSet expected AU$619 million.

The company reaffirmed its fiscal 2026 outlook and expects to deliver pro-forma revenue growth of 12% to 14%, pro forma earnings before interest, tax, depreciation and amortization growth of 10% to 13%, and adjusted after-tax net profit growth of 9% to 13%, all in constant currency. Analysts polled by FactSet expect revenue of AU$1.28 billion and adjusted EPS of AU$1.09.

The board declared an interim dividend of AU$0.425 per share, up from AU$0.385 a year earlier, payable April 13 to shareholders on record as of March 16.

Shares of the company rose 11% in recent Monday trade.

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