FleetPartners FY26 Results Investor Presentation
Key points
- FY26 New Business Writings (NBW) up 16% year-on-year
- Average Units Managed on Finance (AUMOF) grew 9%
- Core income increased by 6% due to higher AUMOF and improved margins
- No Final Dividend declared for FY26, potential Special Dividend under consideration
- FY27 expectations: Core income growth in line with AUMOF growth
Full summary
FleetPartners Group Limited (ASX:FPR) reported strong financial results for FY26, with New Business Writings (NBW) up 16% year-on-year, driven by a record level of NBW in 2H26. Average Units Managed on Finance (AUMOF) grew 9%, reflecting strong NBW growth and the acquisition of Remunerator. Core income increased by 6% due to higher AUMOF and improved margins, while end-of-lease (EOL) income decreased by 19% due to softer demand for internal combustion engine (ICE) vehicles. The company did not declare a final dividend for FY26, preserving flexibility to determine a special dividend closer to the implementation of the proposed scheme with SG Fleet. FY27 expectations indicate core income growth in line with AUMOF growth, with end-of-lease income expected to improve as demand for ICE vehicles recovers.
Guidance
FY27 core income expected to grow in line with average AUMOF, end-of-lease income expected to improve
Outlook
FleetPartners expects core income to grow in line with average AUMOF in FY27, with end-of-lease income expected to improve as demand for ICE vehicles recovers.
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