• Strong NBW growth of 8% YTD vs previous comparable period
• AUMOF and Core income increased by 6% and 7% respectively YTD
• Pricing discipline in a softer used vehicle market impacted EOL income
• FY26 NBW expectations upgraded to high-single-digit growth
• EOL income expected to improve in 4Q26

FleetPartners Group Ltd (ASX:FPR) reported strong NBW growth of 8% year-to-date (YTD) compared to the previous comparable period, driven by multiple sale and lease-backs and continued Small Fleets growth. Active ordering activity from new and renewed customers also contributed to the growth. Average Units Managed on Fleet (AUMOF) and Core income increased by 6% and 7% respectively YTD. The Group maintained pricing discipline in a softer used vehicle market, resulting in lower unit sales and higher inventory, which impacted End of Lease (EOL) income. The Group expects EOL income to improve in the fourth quarter of FY26 as the market emerges from the traditional winter seasonal slowdown. The Group upgraded its FY26 NBW expectations to high-single-digit growth and expects operating expenses to be in the range of $98.5 - $99.5m for FY26.

FY26 NBW expectations upgraded to high-single-digit growth; EOL income expected to improve in 4Q26

The Group expects unit sales volumes to increase in 4Q26 as the market emerges from the traditional winter seasonal slowdown. The Group will continue to take a disciplined approach to operating expense management.