FOLLOW UP – Has Transaction Capital’s WeBuyCars run out of growth?
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GUEST – Rikus Blomerus - Webuycars CMO
WeBuyCars sold 53,144 vehicles in the four months through January 2024 as the company recovers from a challenging 2023.
WeBuyCars’ parent company, Transaction Capital, said it delivered on key performance metrics in 2023, including increased volumes and growth in market share, despite lower earnings in the first half of the year.
WeBuyCars resumed its earnings growth trajectory in the first four months of the 2024 financial year, with core earnings growing 20% year-on-year.
WeBuyCars sold 53,144 vehicles in the four months through January 2024 as the company recovers from a challenging 2023.
WeBuyCars’ parent company, Transaction Capital, said it delivered on key performance metrics in 2023, including increased volumes and growth in market share, despite lower earnings in the first half of the year.
WeBuyCars resumed its earnings growth trajectory in the first four months of the 2024 financial year, with core earnings growing 20% year-on-year.