Key points
- Record half-year revenue of $8,053.5 million (+24.0%)
- Underlying EBITDA increased by 22.9% to $364.6 million
- Statutory profit before tax rose by 25.7% to $243.1 million
Full summary
Eagers Automotive Ltd has released its half-year financial report for the period ending June 30, 2026. The company reported a record half-year revenue of $8,053.5 million, a 24% increase from the previous year. The underlying EBITDA increased by 22.9% to $364.6 million, and the statutory profit before tax rose by 25.7% to $243.1 million. The statutory profit after tax increased by 23.1% to $165.2 million. The company also announced a fully franked ordinary interim dividend of 25.0 cents per share, payable on September 18, 2026. The company's strong financial position is supported by a liquidity of $2,610.9 million and a net debt position of $674.9 million. The company's strategic investment in CanadaOne Auto has contributed significantly to the overall performance.
Guidance
Statutory profit before tax expected to increase by 25.7% to $243.1 million
Outlook
Eagers Automotive expects to continue growing market share by leveraging its scale, operating platform, and high-quality brand portfolio. The company will focus on optimizing its partner portfolio and driving continued outperformance relative to the industry.