CAR Group Ltd (FRA:WN6)

€ 21.6 -0.2 (-0.92%) Market Cap: 8.28 Bil Enterprise Value: 8.93 Bil PE Ratio: 56.99 PB Ratio: 4.93 GF Score: 98/100

Full Year 2019 Carsales.Com Ltd Earnings Call Transcript

Aug 20, 2019 / 11:30PM GMT

Release Date Price: €8.18 (+1.07%)

Transcript

Cameron McIntyre

carsales.com Ltd - MD, CEO & Director

Thanks, Rochelle. Morning, everyone. So in the room with me this morning, I've got Paul Barlow, who's our Director of our International business; Andrew Demery, who's our Chief Financial Officer; Simon Ryan, who's our Managing Director for our Commercial business; and Ajay Bhatia, who's the Managing Director for our Consumer business.

What I'll do this morning, as per usual, I'll just run through a quick 30-minute run through of the slide deck, and then we'll save 30 minutes for Q&A. I'll also just call out the page numbers that I'm on as we sort of get through it.

So maybe let's just quickly start with Slide 4. And so I guess, look, in summary, the results, they demonstrate the benefits of our leadership and strength. The strength of our diversified business in what's been a tougher domestic automotive market, particularly in new cars over the past 12 months, but very pleased with how we've performed. Our core business operational metrics have also performed very well. Our International business continued to build momentum

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