Auto Trader revs up profit despite car market challenges November 7, 2019 Auto Trader – the UK’s largest new and used cars marketplace – reported a jump in revenue and profit in the first half of the year despite the challenges facing the UK car industry. The figures Shares in Auto Trader jumped as much as five per cent after the online car dealer reported that revenue [...]
Auto Trader bullish on growth prospects June 10, 2019 | City Talk Amid fears of a slowdown in UK car sales, our head of markets talks us through the big numbers. This sparkling set of annual results from Auto Trader (LSE:AUTO) is tainted only by a more guarded outlook from the company, implying that a repetition of the numbers is unlikely. The majority of the metrics reflect Auto Trader’s [...]
Best 25 stocks in the last tax year April 15, 2019 | City Talk By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]
Auto Trader share price rises as profits jump June 19, 2015 Shares in newly-listed Auto Trader opened 2.7 per cent higher at 316.25p as its full-year results since its IPO suggested car buyers are increasingly internet-savvy. The figures Revenues rose eight per cent to £255.9m in the year to the end of March, Auto Trader said this morning, while operating profits jumped 35 per cent to [...]
Auto Trader off to a flyer after shares zoom up March 19, 2015 Online car auction site Auto Trader roared off the forecourt yesterday in the biggest ever UK market debut by a private equity-backed group. Shares in the company, previously owned by UK buyout house Apax, rose 16.5 per cent from their listing price of 235p in early trading before settling to close nine per cent higher [...]
Auto Trader share price races off the starting grid on its first day of trading March 19, 2015 Shares in Auto Trader, the UK's biggest site for classified car ads, have hit the accelerator hard, rising more than 13 per cent in the first few minutes of trading. Conditional trading in its shares began today at 235p per share. That values Auto Trader at £2.35bn, raising £437m for the group. Its private equity [...]
Auto Trader IPO could value company at £2.5bn March 9, 2015 Used-car website Auto Trader could be valued at up to £2.5bn when the company floats on the London Stock Exchange this month. The company announced plans to float at the end of last month with a valuation expected to reach just £2bn. Auto Trader, which operates Britain’s leading website for buying and selling new and used [...]
Private equity firm Hellman in Auto Trader bid February 1, 2015 PRIVATE equity firm Hellman & Friedman is putting together a takeover bid for used car business Auto Trader, which could put an end to the firm’s plans to float on the London stock market. A source close to the deal said an offer from the US private equity house was a “logical step” for Auto [...]