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Eagers Automotive Limited ( (AU:APE) ) has issued an update.
Eagers Automotive Limited reported a record full-year revenue of $11.2 billion for 2024, marking a 13.6% increase from the previous year. This growth was driven by both organic expansion and strategic acquisitions, leading to an underlying operating profit before tax of $371.2 million. The company also maintained a strong focus on sustainability, integrating environmental, social, and governance initiatives into its operations to support future growth and meet community expectations.
The most recent analyst rating on (AU:APE) stock is a Hold with a A$11.51 price target. To see the full list of analyst forecasts on Eagers Automotive Limited stock, see the AU:APE Stock Forecast page.
More about Eagers Automotive Limited
Eagers Automotive Limited operates in the automotive industry, focusing on the sale of new and pre-owned vehicles. The company is known for its robust business model and competitive advantage, which have enabled it to achieve significant revenue growth and profitability.
Average Trading Volume: 830,835
Technical Sentiment Signal: Buy
Current Market Cap: A$4.61B
Learn more about APE stock on TipRanks’ Stock Analysis page.