Australia · Delayed Price · Currency is AUD Eagers Automotive Earnings Call Transcripts
Fiscal Year 2025
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Record FY2025 results with revenue up 17%, EBITDA up 12.8%, and industry-leading margins. Strategic partnerships with CanadaOne and Mitsubishi Corporation set the stage for international growth, while easyauto123 and BYD drive segment outperformance.
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Record half-year revenue and profit exceeded guidance, driven by strong organic and acquisitive growth, cost efficiency, and market share gains. Outlook remains positive with continued margin strength, robust pipeline, and strategic expansion, including Easy Auto 123 and NEV leadership.
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Record revenue and profit were achieved in 2024, with strong dividends and a robust balance sheet. Strategic partnerships, especially with BYD, and productivity initiatives drive growth, while shareholder alignment and governance remain strong.
Fiscal Year 2024
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Underlying operating profit reached AUD 371.2 million on record turnover of AUD 11.2 billion, with strong market share gains and a resilient net margin of 3.3%. Outlook for 2025 includes another AUD 1 billion revenue growth, stable margins, and continued upside from acquisitions and retail JV.
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Record first half revenue and profit growth were achieved despite margin pressures from OEM oversupply and inflation. Productivity gains, strong used car and financial services performance, and disciplined cost management underpin a positive outlook, with EasyAuto123 and the retail joint venture set for further growth.