Turners Automotive Group Ltd 2026 Annual Meeting Presentation
Key points
- Record result with resilient used car market
- Staying on the front foot with expansion plans
- Increased funding headroom at lower rates
- Tough economic backdrop playbook re-deployed
- Diversified earnings are a strength
Full summary
Turners Automotive Group Ltd's 2026 Annual Meeting Presentation highlighted a record result with a resilient used car market. The company is staying proactive with expansion plans, including new branches and a strong focus on growth and opportunities. Funding has improved with new facilities and a term-out securitisation warehouse, reducing capital requirements. The company's diversified earnings, particularly from auto retail, finance, and insurance, have been affected by the continuation of the Iran war. Turners team remains highly motivated, with high levels of employee engagement and share ownership.
Guidance
FY31 NPBT target of $100M, 50% organic growth on top of the FY26 result
Outlook
Turners Automotive Group Ltd is focused on growth and opportunities, with a proven resilient business primed to deliver more in a positive environment.
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