FY26 Results Announcement
| Stock | Autosports Group Ltd (ASG.ASX) |
|---|---|
| Release Time | 20 Aug 2026, 8:34 a.m. |
| Price Sensitive | Yes |
Autosports Group FY26 Results: Record Revenue and Growth
- Record revenue of $3.19 billion, up 11.9%
- Record gross profit of $589.7 million, up 15%
- New vehicle order write up 20%, outpacing deliveries
- Order bank increased 290% since FY25
- FY27 outlook positive with new luxury BEV products
Autosports Group Limited (ASX: ASG) announced its financial results for the year ended 30 June 2026 (FY26), reporting record revenue of $3.19 billion, up 11.9% year-on-year, and normalized NPBT of $53.5 million, up 11.1%. The Group's gross profit reached $589.7 million, up 15%. The significant growth was driven by the accelerated adoption of new energy vehicles (NEVs), resulting in a 20% increase in new vehicle order write and a 9% rise in new vehicle revenue. The Group's order bank surged 290% since 30 June 2025, expected to unwind in H2 FY27 as NEV supply catches up with demand. The company also expanded its portfolio with new dealerships and a property acquisition in Canberra.
Record revenue of $3.19 billion, gross profit of $589.7 million, normalized NPBT of $53.5 million
Positive outlook for FY27 with accelerating adoption of luxury BEV products, unwinding of the order bank in H2 FY27, and further roll-out of new luxury BEV brands.