• Record result caps off a decade of growth
• Resilient model and outstanding team
• Confidence in future growth

Turners Automotive Group delivered a record result for FY25, extending its track record of resilience and growth over the past decade. The company's diversified business model, with contributions from Automotive Retail, Finance, Insurance, and Credit Management divisions, enabled it to navigate the challenging economic environment. FY25 saw a 17% increase in net profit after tax and a 14% increase in the full-year dividend to 29.0 cents per share. The company's strong culture and highly engaged team, with significant employee ownership, were highlighted as key competitive advantages. Turners is well on track to achieve its medium-term target of $65 million in net profit before tax by FY28, with organic growth expected from new branch openings, continued wholesale-to-retail transition, and further growth in the Finance, Insurance, and Credit Management divisions. The company also announced the rebranding of its MyAutoShop business to Turners Servicing and Repairs, leveraging the strong Turners brand to drive growth in the servicing and repairs segment. Overall, Turners presented a confident outlook, highlighting its resilient business model, strong culture, and clear growth opportunities.

Turners Automotive Group is targeting net profit before tax of $65 million by FY28, with continued organic growth expected across its business divisions.

The company expects a slowly recovering economy in FY26, with further growth in Turners' profits over FY25. The company is well-positioned to achieve its medium-term targets, with a focus on organic growth, new branch openings, and continued diversification across its business divisions.