Carsales share price storms higher amid strong FY23 growth

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The Carsales.Com Ltd (ASX: CAR) share price is on the move on Monday.

At the time of writing, the auto listings company’s shares are up over 5% to a 52-week high of $26.00.

This follows the release of the company’s FY 2023 results this morning.

Carsales share price higher amid strong growth

  • Pro forma revenue up 18% to $798.1 million
  • Pro forma earnings before interest, tax, depreciation, and amortisation (EBITDA) up 19% to $495.7 million
  • Adjusted…

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