Will the Auto Trader share price rally more? Here's what I think
The Auto Trader share price is on a roll, with a 13% increase in a week. Can this continue?
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The Auto Trader share price is on a roll, with a 13% increase in a week. Can this continue?
The company saw revenues plunge by over £100million to £262.8million in the year to March 31 as the average revenue brought in by each client declined by around a third.
Outsourcing giant Mitie said its operating profit plunged last year from £86.
Auto Trader suffered a 29% decline in revenues and 38% reduction in operating profit as it acted to mitigate the impact of COVID-19 on its car retail customers, its 2020 annual financial results have revealed.
Car buyers using Auto Trader’s platform has hit record levels, the group said this morning, as it bolstered its online offering after the pandemic pushed the pedal on the digital sphere.