Online platform Auto Trader has posted strong revenue and profit growth within its core business in its latest financial first-half results for the six months ending 30 September.
Group revenue rose by 8% to £302.5 million, with core business revenue increasing by 9% to £283.5m, supported by continued growth in retailer revenue and an unexpected rise in activity on retailer forecourts.
Autorama, Auto Trader's online vehicle leasing segment, reported revenue of £19m as it focused on scaling for profitability in a low-transaction-volume market.
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Author:
Aimee Turner
Deputy editor
AM deputy editor Aimée Turner has been a specialist B2B editor and journalist covering the international transportation sector for more than 20 years.
She has specialised in the significant safety, regulatory, and environmental issues that impact advanced technology businesses in the pursuit of more efficient, safer and sustainable transportation modes.
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