Edition:
United Kingdom

Auto Trader Group PLC (AUTOA.L)

AUTOA.L on London Stock Exchange

560.20GBp
15 Jul 2019
Change (% chg)

8.60 (+1.56%)
Prev Close
551.60
Open
552.60
Day's High
561.40
Day's Low
550.60
Volume
2,278,206
Avg. Vol
3,629,068
52-wk High
606.80
52-wk Low
375.60

Latest Key Developments (Source: Significant Developments)

Auto Trader Group's FY Revenue Rose 8%
Thursday, 6 Jun 2019 

June 6 (Reuters) - Auto Trader Group PLC ::: FY REVENUE UP 8% TO 355.1 MILLION STG (2018: 330.1 MILLION STG).: FY OPERATING PROFIT UP 10% TO 243.7 MILLION STG.FY AVERAGE REVENUE PER RETAILER FORECOURT PER MONTH UP 9% OR £149 TO £1,844 (2018: £1,695)." NEW FINANCIAL YEAR HAS STARTED WELL".BOARD IS CONFIDENT OF MEETING ITS GROWTH EXPECTATIONS FOR YEAR.EXPECT ANOTHER STRONG YEAR OF ARPR GROWTH.WE ANTICIPATE AVERAGE RETAILER FORECOURTS TO BE FLAT YEAR ON YEAR.CONSUMER SERVICES IMPROVED IN SECOND HALF OF LAST YEAR WHICH WE EXPECT TO CONTINUE.: FY PROFIT BEFORE TAX UP 15% TO 242.2 MILLION STG.AUTO TRADER GROUP - DUE TO CHALLENGES FACING MANUFACTURERS, EXPECT REVENUE FROM CUSTOMERS TO DECLINE IN FIRST HALF OF YEAR..ANTICIPATE TOTAL OPERATING COSTS FOR YEAR TO INCREASE AT A RATE OF LOW TO MID-SINGLE DIGIT.BOARD IS CONFIDENT OF MEETING ITS GROWTH EXPECTATIONS FOR YEAR..: PROPOSED FINAL DIVIDEND OF 4.6 PENCE PER SHARE.DO NOT FORESEE ANY ISSUES WITH BREXIT AFFECTING OUR ABILITY TO PROVIDE OUR SERVICES, OR TO MATERIALLY CHANGE OUR COST BASE.PROPOSED FINAL DIVIDEND OF 4.6 PENCE PER SHARE (2018: 4.0 PENCE PER SHARE).FY PHYSICAL CAR STOCK ON SITE UP 2% TO 461,000 CARS (2018: 453,000).  Full Article

Auto Trader CEO To Retire, Nathan Coe Named CEO-Designate
Monday, 29 Apr 2019 

April 29 (Reuters) - Auto Trader Group PLC ::TREVOR MATHER HAS NOTIFIED BOARD OF HIS INTENTION TO RETIRE FROM HIS POSITION AS CEO AND AS A DIRECTOR ON 31 MARCH 2020.NATHAN COE WILL BE PROMOTED TO ROLE OF CEO-DESIGNATE WITH EFFECT FROM 1 MAY 2019.  Full Article

Auto Trader Group Says HY Pretax Profit Up 9 Pct To 114.5 Mln Pounds
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Auto Trader Group PLC ::HY REVENUE UP 7% TO £176.8 MILLION.HY PROFIT BEFORE TAX UP 9% TO £114.5 MILLION.HY AVERAGE REVENUE PER RETAILER FORECOURT ('ARPR') PER MONTH(2) UP £152 TO £1,826.HY INTERIM DIVIDEND OF 2.1P PER SHARE.STRONG FIRST HALF MEANS REVENUE GROWTH FOR FULL YEAR IS LIKELY TO EXCEED PREVIOUS GUIDANCE.ARPR GROWTH TO DATE HAS OUTPERFORMED CO'S EXPECTATIONS DESPITE ANTICIPATED STOCK HEADWIND.CONTINUE TO ANTICIPATE OUR TOTAL OPERATING COSTS FOR YEAR TO INCREASE AT A RATE OF LOW TO MID-SINGLE DIGIT.DO NOT FORESEE ANY ISSUES WITH BREXIT AFFECTING CO'S ABILITY TO PROVIDE OUR SERVICES, OR TO MATERIALLY CHANGE CO'S COST BASE.BOARD REMAINS CONFIDENT OF DELIVERING ITS GROWTH EXPECTATIONS FOR REMAINDER OF YEAR.  Full Article

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FTSE rally out of steam as trade nerves return, BAT slides

London's main index eased as the latest salvoes in the U.S.-Chinese trade dispute kept investors on edge and weak demand outlook knocked oil shares, while British American Tobacco slid after warning of steeper declines in cigarette sales.