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The latest update is out from National Tyre & Wheel Ltd. ( (AU:NTD) ).
NTAW Holdings Limited reported a significant financial loss of $44 million for the fiscal year ending June 2025, attributed to poor operational execution, challenging economic conditions, and the loss of a key distribution agreement. The company is undergoing a financial and cultural reset under the leadership of newly appointed CEO Warwick Hay, focusing on cost reductions, improved inventory controls, and strengthening supplier relationships. Despite current challenges, NTAW is positioned to benefit from its investments in retreading facilities and aims to improve financial performance in the coming years.
The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on National Tyre & Wheel Ltd. stock, see the AU:NTD Stock Forecast page.
More about National Tyre & Wheel Ltd.
NTAW Holdings Limited operates in the tyre and wheel industry, providing wholesale and retail services. The company focuses on tyre and wheel distribution and retreading businesses, with operations in Australia and New Zealand.
Average Trading Volume: 40,332
Technical Sentiment Signal: Sell
Current Market Cap: A$48.64M
For a thorough assessment of NTD stock, go to TipRanks’ Stock Analysis page.