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Investing.com -- Auto Trader Group Plc (LON:AUTOA), the UK’s largest automotive platform, on Thursday reported a 5% increase in revenue for the six months ended September 30, driven by growth in its core business and improved performance from its Autorama unit.
The company posted group revenue of £317.7 million, with operating profit rising 6% to £200.1 million. Basic earnings per share jumped 11% to 17.26 pence.
Retailer revenue, which forms the bulk of Auto Trader’s business, grew 6% through a 1% increase in retailer forecourts and 5% growth in Average Revenue Per Retailer. Much of this growth came from the company’s annual pricing and product event in April 2025.
Auto Trader launched Co-Driver, a generative AI product that helps retailers create vehicle listings more efficiently while improving the car buyer experience. Over 10,000 retailers have used the product to create more than one million vehicle adverts.
"In 2025, we continued our decade-long journey of creating AI-powered products that improve the buying and selling experience on Autotrader," said Nathan Coe, Chief Executive Officer.
The company is scaling its Deal Builder product, which has grown to over 4,000 retailers, representing an acceleration in customer acquisition that was four times greater in the first half than in the previous six months.
Auto Trader maintained its position as the dominant automotive marketplace, with over 75% of all minutes spent on automotive platforms occurring on its site. Cross-platform visits increased 1% to 83.3 million per month.
The board declared an interim dividend of 3.8 pence per share, up from 3.5 pence in the same period last year. The company returned £162.2 million to shareholders through £100.2 million in share buybacks and £62 million in dividends.
Auto Trader’s outlook for the full year ending March 31, 2026, remains unchanged, with the company stating it has delivered in line with expectations for the first half.