Auto Trader Share News (AUTO)
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Mon, 24th Oct 2022 07:04
(Sharecast News) - Auto Trader said it had sold its Webzone subsidiary to Mediahuis Ireland for €30m.
Mediahuis owns the CarsIreland.ie and Cartell.ie websites.
For the year ended 31 March 2022, Webzone, which trades as Carzone in Ireland, contributed total revenue of £4.9m and operating profit of £1.3m to Auto Trader's Group results.
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