Turners 2026 Investor Day Presentation

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Stock Turners Automotive Group Ltd (TRA.ASX)
Release Time 24 Mar 2026, 7:30 a.m.
Price Sensitive Yes
 Turners Automotive Group Unveils 2026 Investor Day Presentation
Key Points
  • 5 years of successful execution and resilient management through cycle
  • Iconic kiwi brand with a winning culture and clear pathway for future growth
  • Unique used car platform that is extremely difficult to replicate
Full Summary

Turners Automotive Group presented its 2026 Investor Day, showcasing 5 years of successful execution, a resilient business model, and a clear pathway for future growth. The company has made significant progress since its 2021 Investor Day, exceeding its medium-term profit targets ahead of schedule. Turners' used car platform, which combines sourcing, selling, and add-on services, is seen as extremely difficult to replicate, providing a sustainable competitive advantage. The company's strong culture, with a high level of employee engagement and ownership mindset, is critical to its success. Looking ahead, Turners is targeting a new 5-year goal of $100M in net profit before tax by FY31, driven by organic growth and a small amount of inorganic expansion. The Auto Retail division is expected to be a key growth engine, leveraging the company's sourcing capabilities, brand strength, and physical and digital network. Overall, Turners is positioned for the next phase of growth, with great businesses that are even better together.

Guidance

Turners Automotive Group is targeting $100M in net profit before tax by FY31, representing 50% organic growth on top of the FY26 result, plus a small amount of additional inorganic growth.

Outlook

Turners is confident in the organic growth trajectory of the business and its ability to execute. The company sees opportunities for further structural share gains as barriers rise and smaller players continue to exit the market. Improving consumer confidence, a stronger new car market, and relaxation of used import restrictions are expected to lead to more transactions in the used car market, benefiting Turners' sourcing, sales, finance, insurance, and servicing and repairs divisions.