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 2020 Carsales.Com Ltd Earnings Call Transcript

Aug 18, 2020 / 11:30PM GMT

Release Date Price: €11.21 (+2.63%)

Transcript

Cameron McIntyre

carsales.com Ltd - MD, CEO & Director

Thank you. Morning, everyone. Hope you're all staying safe and well. On the call today, we've got myself, obviously. We've got Ajay Bhatia, who's the Managing Director of our Australian business; Paul Barlow, who's the Managing Director of our International business; and Will Elliot, who's our Chief Financial Officer.

So what we'd do, as we do traditionally, is we'll just talk to each slide, and as I go through each slide, I'll just call out the slide number that I'm talking to.

So let's start with Slide 4. And yes, the -- I guess, the 2020 highlights, as you'll see from the financial performance, we've landed at the top of the range that we provided the market on the 17th of June, with adjusted revenue, NPAT and EBITDA up 1% and 6%. And I guess that, that really demonstrates the strength of our market-leading position, our resilience as a business through economic cycles and the strategy that we've continued to execute around building a diversified business model.

There's a reconciliation at the back of the slide

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