Company
Auto Trader Group PLC
LON:AUTO
We’ve always been good at connecting car sellers with the right buyers. But over the years, how we do this has altered beyond all recognition. That’s because consumer behaviours have changed. You might remember us as a magazine, but today we’re a digital business used by millions of people. As we’re the UK’s largest digital automotive marketplace, our data can help sellers really understand buyers. And that means we’re not just about classified ads — our services and support help automotive traders buy, sell, market and manage their stock successfully.
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Auto Trader grows revenue but profits fall slightly
The car retailer said it anticipates average retailer forecourts to be marginally down year-on-year but forecast stronger average revenue per retailer, with the full-year growth rate likely to be slightly above that achieved in the first ha
Auto Trader driven higher by upgrade to 'buy' at UBS
The UBS analysts said: "The company is a quality compounder and has delivered an 8% historical revenue compound annual growth rate through a combination of price increases and product innovation"
Auto Trader Group sells Carzone marketplace for €30mln consideration
Sale to Mediahuis ends 20-year combination of two major auto marketplaces
Auto Trader posts record year and sales as profits almost double
Despite cost pressures, the company expects operating profit margins to remain at 70%
Auto Trader beefs up its leasing offering with acquisition of Autorama
Auto Trader said it would use its brand to accelerate Autorama's recent expansion beyond light commercial vehicles into leasing new cars
Auto Trader expects to benefit as Covid-19 drives 'dramatic' shift online in car buying
Free adverts during the lockdown period sent profits plunging
Archive
FTSE 100 closes in positive territory, bolstered by BT Group plc
Britain's top share index finished ahead by around seven points, or 0.10%, at 7,088
Focus on UiPath results ahead of Blue Prism interims
Tech earnings are subdued across both sides of the pond this week. A highlight will be maiden quarterly results from UiPath, tomorrow.
Auto Trader expects big dent in vehicle sales volumes under UK coronavirus lockdowns
The digital platform operator said profits will be hit when it offers free advertising in February
Auto Trader upgraded to ‘buy’ by Liberum over online market prospects
COVID-19 has accelerated the shift to online transitions for cars as well
Auto Trader returns to free advertising as UK lockdowns return
Car retailers were among the non-essential chains forced to close in the new coronavirus lockdowns in England and Wales
Auto Trader downgraded to ‘hold’ by Liberum but upgraded to ‘add’ by Peel Hunt on recovery outlook
Analysts at Liberum see a “murky” outlook while those at Peel Hunt are encouraged by post-lockdown trading