WeBuyCars reports strong interim growth, declares dividend

WeBuyCars Holdings Limited (JSE:WBCE) has announced strong consolidated interim results for the six months ended March 31, 2025, with core headline earnings increasing by 26.4% to ZAR508.2 million. Units bought rose by 12.9% to 92,339, while units sold increased by 13.5% to 91,392. Revenue grew by 15.2% to ZAR13,134.6 million. The company declared a gross interim cash ordinary dividend of 30 cents per ordinary share. WeBuyCars continues its expansion strategy, adding 10 new buying pods and progressing with new supermarket developments, aiming to reach 23,000 vehicles bought and sold per month by FY2028.