tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Amotiv Limited Reports Preliminary FY25 Results and APG Impairment

Story Highlights
Amotiv Limited Reports Preliminary FY25 Results and APG Impairment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

G.U.D. Holdings ( (AU:AOV) ) just unveiled an update.

Amotiv Limited announced its preliminary unaudited financial results for FY25, revealing a slight increase in revenue but a 1% decline in underlying EBITA compared to the previous year. The company is also conducting a value in use analysis of its APG business, expecting to recognize a non-cash impairment charge of $180 million to $190 million due to external macroeconomic factors. Despite this, the impairment will not affect the company’s trading performance or cash flows, and APG continues to hold a strong market position.

The most recent analyst rating on (AU:AOV) stock is a Buy with a A$13.30 price target. To see the full list of analyst forecasts on G.U.D. Holdings stock, see the AU:AOV Stock Forecast page.

More about G.U.D. Holdings

Amotiv Limited, formerly known as GUD Holdings Ltd, operates in the automotive industry, focusing on products and services related to vehicle sales and aftermarket parts. The company is positioned in the market with strong competitive brands and a strategic footprint.

Average Trading Volume: 274,353

Technical Sentiment Signal: Sell

Current Market Cap: A$1.2B

See more insights into AOV stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1