Auto Trader Group (LON:AUTO) reported higher full-year revenue, operating profit and earnings per share for the year ended March 31, 2026, despite what management described as tougher-than-expected trading conditions for U.K. car retailers.
Nathan, who led the presentation, said the company had anticipated a more difficult year because of retailer profitability challenges, shortages of stock in some age cohorts and fast speed of sale. However, he said retailer profitability was “more challenging than we expected,” citing new car profitability pressures, the U.K.’s zero-emission vehicle mandate and cost increases following the prior year’s government budget.
