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Autosports Group Ltd ( (AU:ASG) ) has provided an update.
Autosports Group Limited reported a record revenue of $2.865 billion for the fiscal year ending June 30, 2025, with a normalised NPBT of $47.1 million. The company benefited from favorable interest rate conditions and a resilient luxury vehicle market, leading to improved margins and operating leverage. The company is poised for further growth with new dealership openings and acquisitions, including Porsche Centre Canberra and Mercedes-Benz Canberra, as well as strategic site purchases in Southport, Queensland. The positive momentum is expected to continue into FY26, with increased revenues and expansion in both new and existing markets.
The most recent analyst rating on (AU:ASG) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Autosports Group Ltd stock, see the AU:ASG Stock Forecast page.
More about Autosports Group Ltd
Autosports Group Limited operates in the automotive industry, focusing on the sale and servicing of luxury and prestige vehicles. The company is involved in both new and used vehicle sales and provides services such as parts and collision repair. It has a strong market presence with a focus on luxury brands and is expanding its dealership network.
Average Trading Volume: 267,848
Technical Sentiment Signal: Buy
Current Market Cap: A$558.7M
For a thorough assessment of ASG stock, go to TipRanks’ Stock Analysis page.