Fleetpartners Group Ltd FY26 Annual Report
Key points
- FY26 revenue increased by 0.3% to $788.4 million
- Profit for the year after tax decreased by 5.9% to $70.88 million
- Record new business writings of $902 million in FY26
- Acquisition of Remunerator expanded presence in novated leasing
- Proposed acquisition by SG Fleet for $5.30 per share
Full summary
Fleetpartners Group Ltd's FY26 Annual Report highlights a 0.3% increase in revenue to $788.4 million, despite a 5.9% decline in profit after tax to $70.88 million. The company experienced record new business writings of $902 million, driven by strong growth in the second half. The acquisition of Remunerator expanded the company's presence in novated leasing. The company is also considering a proposed acquisition by SG Fleet for $5.30 per share, which the Board supports, subject to the Independent Expert's conclusion that it is in the best interests of shareholders.
Outlook
FleetPartners enters FY27 with stronger new business momentum, a larger portfolio and a clear growth strategy. While macroeconomic conditions remain challenging, the company's recurring earnings base and opportunities across Large Fleets, Small Fleets and Novated support confidence in the outlook.
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