CRZ carsales.com limited

year-end results fy12

  1. DSD
    15,977 Posts.
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    I haven't read the full report but:
    Rev up 26%
    EBITDA up 30%
    NPAT up 35%
    EPS up 34%
    Final Div up 26.5%

    The reason earnings can grow faster than revenue is CRZ areable to grow margins. Their dominant position is cars, boats, trucks etc draws people to use their sites. I expect operating costs to decease in 2012 onceagain the benefit will go straight to bottom line. An IT stk with fair degree of predictability.

    My hope is that CRZ use their strong cashflow to continue with another share buyback.
 
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