CAR Group Limited (ASX:CAR) Reports Strong FY25 Performance and Announces Dividend
Financial Performance
CAR Group Limited (ASX:CAR) announced full-year results for the year ended 30 June 2025, reporting revenue from continuing operations up by 8% to AUD 1,183.856 million. Profit for the year after tax increased by 12% to AUD 293.002 million, while net profit attributable to members rose by 10% to AUD 275.489 million. Adjusted net profit also saw a 10% growth, reaching AUD 377.016 million.
Dividend Declaration
The Board has declared a final FY25 dividend of 41.50 cents per security, with the record date set for 15 September 2025 and the dividend payable on 13 October 2025. This brings the total dividends paid to shareholders for FY25 to 80.00 cents per share, marking a 10% increase from the previous year.
Executive Changes
In a significant leadership update, Managing Director and CEO Cameron McIntyre will step down from his role effective 15 August 2025. He will be succeeded by William Elliott, the current Chief Financial Officer. Both executives expressed their gratitude and optimism for the company’s future growth under Elliott’s leadership.
Operational Achievements
During FY25, CAR Group enhanced its consumer experience by re-platforming its retail websites and launching new proprietary tools like Bello and the C2C payments product, which surpassed AUD 100 million in total transaction value. The company also exited the tyres business to focus on its core marketplace offerings.
Sustainability and Workplace Culture
CAR Group maintained carbon neutrality across its global operations and achieved an AAA ESG rating from MSCI. The company was certified as a Great Place to Work® in multiple regions, reflecting strong employee engagement with 87% of the team recommending CAR Group as a great place to work.
Future Outlook
Looking ahead to FY26, CAR Group is well-positioned for continued success with its diversified portfolio and strategic initiatives aimed at further innovation and market expansion.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended CAR Group Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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