Australia · Delayed Price · Currency is AUD Peter Warren Automotive Holdings Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 3.2% to AUD 1.27B with margin improvement and strong used car, service, and F&I growth. Inventory and net debt declined, Wakeling acquisition adds scale, and further margin gains are targeted amid a competitive, consolidating market.
Fiscal Year 2025
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The AGM highlighted strong financial management, with revenue just under $4 million and a $22 million profit before tax. Strategic growth included 11 new dealerships and a fully franked dividend for 2025. No shareholder questions were raised during the meeting.
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FY 2025 saw stable revenue just under AUD 2.5 billion, strong used car and service growth, and disciplined cost management, offsetting new car market declines. Gross margins stabilized, net debt reduced, and earnings growth is expected in FY 2026.
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Revenue grew 2.2% to AUD 1.23 billion, but PBT fell to AUD 7.1 million due to new car oversupply and margin pressure. Strong growth in after-sales and used vehicles, disciplined inventory management, and cost-out programs helped offset challenges. PBT margins are expected to hold steady in H2.
Fiscal Year 2024
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The AGM highlighted strong revenue growth and disciplined cost control amid margin pressures, with a focus on strategic acquisitions and readiness for industry changes. Leadership transitions and a stable dividend policy were confirmed, while risks from competition and regulatory shifts were discussed.
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Record FY 2024 revenue rose 19.4% to AUD 2.5B, driven by organic growth and acquisitions, but profit before tax fell to AUD 56.8M due to lower new car margins and higher interest costs. Strong cash flow, reduced OpEx, and a cautious expansion strategy position the group for continued growth.