Quick Facts

Auto Trader Group FY Pre-tax Profit Rises

Auto Trader Group Plc (ATDRY), a British automotive online marketplace and classified advertising company, reported that its profit before taxation for the year ended 31 March 2024 rose to 345.2 million pounds from 293.6 million pounds in the prior year.

Profit attributable to equity holders of the parent for the year was 256.9 million pounds or 28.07 pence per share up from 233.9 million pounds or 24.77 pence per share in the previous year.

Adjusted earnings per share were 29.37 pence compared to 27.12 pence in the prior year.

Annual revenue grew to 570.9 million pounds from 500.2 million pounds in the prior year.

The company anticipates another good year of ARPR growth across all three levers.

The Directors recommended a final dividend of 6.4 pence per share. Subject to shareholders' approval at the Annual General Meeting on 19 September 2024, the final dividend will be paid on 27 September 2024 to shareholders on the register of members at the close of business on 30 August 2024.

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by RTTNews Staff Writer

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