Australia · Delayed Price · Currency is AUD Amotiv Earnings Call Transcripts
Fiscal Year 2026
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FY 2026 results met guidance with underlying EBITA of AUD 195.1 million and 2.7% revenue growth, driven by offshore expansion and efficiency gains. FY 2027 is expected to see modest growth, with pricing actions and offshore markets offsetting subdued ANZ conditions. CEO succession is underway, and capital allocation remains disciplined.
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Solid half-year results with 3.3% revenue growth and strong offshore contributions, despite margin pressures in four-wheel drive and subdued ANZ demand. Guidance for FY 2026 is unchanged, with ongoing benefits from cost initiatives and diversification supporting future growth.
Fiscal Year 2025
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The AGM highlighted steady financials, a strong cash position, and continued shareholder returns. Strategic focus shifted to the Amotiv 2030 plan and operational transformation, with board renewal and governance enhancements. Shareholders engaged on diversity, cybersecurity, and EV market impacts.
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FY 2025 saw modest revenue growth and strong cash conversion amid challenging ANZ market conditions, with a non-cash impairment driving a statutory loss. FY 2026 guidance targets revenue growth and AUD 195 million EBITDA, supported by cost efficiencies and continued capital returns.
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Revenue grew 2.3% with EBITDA slightly ahead of revenue, supported by cost management and offshore growth. H2 is expected to be stronger, driven by new business wins, pricing, and operational improvements, with cash conversion targeted at 85%.
Fiscal Year 2024
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The AGM highlighted strong financial growth, a 23% shareholder return, and a 7.7% revenue increase. Strategic acquisitions, sustainability progress, and a share buyback were announced. Board renewal, remuneration benchmarking, and EV transition were key topics, with robust shareholder engagement throughout.
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Revenue and EBITDA grew strongly year-over-year, driven by robust core automotive and APG performance, strategic acquisitions, and effective margin management. APG faced short-term headwinds in New Zealand and from Toyota, but outlook remains positive with continued investment and diversification.