Australia's CAR Group gains on full-year earnings rise

CAR

10/08/2026 02:15

** Shares of Australia's CAR Group CAR.AX rise as much as 11% to A$29.990, hitting its highest level since January 28
** Stock marks its strongest session since February 9
** Global digital marketplace business posts FY26 adjusted NPAT growth of A$407 million($287.42 million), up 8% from A$377 million y-o-y
** According to analysts' at CitiE, company's NPAT growth is 1% above estimates and in line with VA consensus
** CAR posts FY revenue of A$1,253 million, up 10% from A$1,144 million yoy
** Adds, company declares FY dividend of 86 AU cents per share, up 8% from 80 AU cents per share a year ago
** Stock down 3.7% YTD, including session's moves

($1 = 1.4160 Australian dollars)

 (Reporting by Shravya Marakini in Bengaluru)
 ((shravya.marakini@thomsonreuters.com;))