FY2014 Results Presentation
Melbourne, Aug 13, 2014 AEST (ABN Newswire) - Carsales.com Limited (
ASX:CRZ) (CSXXY:OTCMKTS) announce the FY2014 Results Presentation with the following highlights.
FINANCIAL HIGHLIGHTS
Another record result with strong revenue and earnings growth.
FY2014 pcp growth in revenue of 10%, EBITDA of 15% and NPAT of 14%
INTERNATIONAL INVESTMENTS
Webmotors (Brazil) performing strongly with underlying revenue growing 22% on pcp.
Acquired 49.9% of SKENCARSALES in South Korea and underlying revenue for the period
of ownership grew 35% on pcp
Continued to support iCar Asia. In March 2014 increased equity by 3% to 22.9%
DOMESTIC INVESTMENTS
Acquired 50.1% of Stratton Finance in July 2014 to leverage the finance
opportunities in the private to private marketplace.
To view the results presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CRZ-409887.pdf
About Carsales.com Ltd
Carsales.com Ltd. (ASX:CAR) (OTCMKTS:CSXXY) listed on the ASX in 2009 and is the largest online automotive, motorcycle and marine classifieds business in Australia; attracting more Australians interested in buying or selling cars, motorcycles, trucks and boats than any other classified group of websites. carsales.com Ltd's first revenues were reported in the financial year 1998.
carsales.com.au is Australia's number one automotive classified website and in September 2011 attracted more than 3.8 million unique visitors between its desktop and mobile sites. The carsales network of websites also includes CarPoint.com.au, bikesales.com.au, RedBook.com.au as well as leading boat, caravan, and truck and machinery classified websites and in September 2011 attracted more than 4.5 million unique visitors.
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