Eagers Automotive Hits Record Revenue and Profits

Eagers Automotive Limited (AU:APE) has released an update.

Eagers Automotive Limited reported a record-breaking financial performance in 2023, with revenue soaring to $9.9 billion, a 15.3% increase from the previous year, and an Underlying Operating Profit Before Tax of $433.3 million, up by 6.9%. Reflecting this success, shareholders received a record dividend of 74 cents per share, up from 71 cents the previous year. The company has also made strides in its sustainability strategy, setting up a steering committee to oversee progress in Environmental Social Governance initiatives.

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