CRZ 1.28% $10.30 carsales.com limited

News: Carsales.com delivers $71.6M FY profit

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    Carsales.com Limited (ASX:CRZ) says its net profit gained 23 per cent to $71.6 million in the 2012 financial year.



    The online classifieds company says its operating revenue was up 21 per cent while its EBITDA margin rose 55 per cent to $101.3 million.



    Carsales’ chief says its display advertising division MediaMotive was a key contributor to revenue growth as well as its business to business division.  



    A fully franked final dividend of 13.2 cents per share has been declared as well as a fully franked special dividend of 6 cents per share.



    The company will provide a trading update later this year, but said the first six weeks of the new financial period looked strong.

 
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Currently unlisted public company.

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