Auto Trader : Preview: We are maintaining our forecasts for 2023
>Solid growth outlook - We are providing an update on our forecasts for Auto Trader ahead of the FY 2023 results publication. The group is set to publish its results on 1 June. Bear in mind that the group releases its results with a delay, with a financial year ending on 31 March. We forecasts FY sales up 11% at € 481m, driven by ARPR growth (+10%). Despite a challenging environment (inflation and recession), the group’s activity remains resilient. The group is benefi...Auto Trader Group operates a digital automotive marketplace. Consumers can search from around 450,000 used cars and 6,000 new cars on the marketplace each month, using a standard make/model search or via discovery search if they aren't sure of the exact vehicle they want. In addition, Co. provides consumers services to help them make an informed decision about the car they are looking to buy, these include: vehicle check, finance, and insurance. Co. also provides free vehicle valuations providing both a private sale price as well as a part-exchange price. Furthermore, Co. provides retailers display advertising packages so they can promote their business as well as individual vehicles.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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