First Impressions: FY16 Result

Bell Potter


Carsales domestic highlights: Total domestic revenue up 10% to $339.6m. ( ie Online advertising up 11%, , Data & Research up 9%, Finance and Related Services up 6%). Carsales International highlights: Skencarsales Underlying revenue up 20.6% to $30.0m, EBITDA up 6% to $15.6m. Redbook Asia and New Zealand: Revenue up 12% to $3.3m and EBITDA up 2% to $1.6m. iCarAsia NPAT ($2.4m). Latin America revenue up 13.3% to BRL99.4m, EBITDA up 14.6% to BRL26.9m.

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Bell Potter

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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