Auto Trader Group Half Year Results 2016

Auto Trader Group plc reports H1 2016 financial results with revenue up 11% to £153.9 million and underlying operating profit up 23% to £102.3 million. The company declared an interim dividend of 1.7p per share and returned capital through £48.9 million in share buybacks alongside £25.0 million in debt repayments, reducing net external debt to £359.5 million with leverage of 1.8x.