Australia · Delayed Price · Currency is AUD FleetPartners Group Earnings Call Transcripts
Fiscal Year 2026
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NPATA and EPS grew in 1H 2026, supported by strong cash generation and stable margins. Segment pipelines are expanding, especially in large fleets and novated, with ongoing investment in digital and ESG. Dividend yield remains high at 13%.
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The AGM highlighted strong financial results, completion of a major transformation program, and a renewed focus on growth and ESG. Shareholders approved all resolutions, including director re-elections and CEO incentives, with robust engagement on governance and strategy.
Fiscal Year 2025
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2025 saw resilient financial performance with core income and MPAE growth despite subdued business confidence and lower new business writings. The Remunerator acquisition expands novated capabilities, while strong cash flow supports an increased dividend payout and robust capital position.
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Project Accelerate completion has enhanced operational leverage and scalability, supporting stable recurring earnings and strong cash generation. Despite temporary disruption, AUMOF and NOI grew, margins remained stable, and share buybacks continued. Outlook is positive with elevated EOL profits and growth in underpenetrated segments.
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Record new business growth and disciplined cost management drove strong FY24 results, with a focus on ESG, board renewal, and strategic transformation. Share buybacks continued as the main capital return, and the Accelerate Program is set to deliver further efficiencies in FY25.
Fiscal Year 2024
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Record new business writings and strong recurring revenue drove robust FY 2024 results, with AUMOF and EPS both growing. Margins are normalizing due to funding mix shifts and used car price declines, but cost management and capital returns remain strong.