NTAW Narrows Half-Year Loss but Halts Interim Dividend as Revenue Declines

An announcement from National Tyre & Wheel Ltd. ( (AU:NTD) ) is now available.

NTAW Holdings Limited reported revenue of $225.8 million for the half-year ended 31 December 2025, down 12.3% from the prior corresponding period, as challenging market conditions weighed on sales across its tyre distribution operations. Despite the topline decline, the company significantly reduced its net loss attributable to shareholders to $8.6 million from $42.5 million a year earlier, while operating EBITDA from continuing operations eased only 4.9% to $10.4 million, indicating underlying profitability has remained relatively resilient.

The group’s net tangible assets per share fell to 36.35 cents from 41.74 cents, reflecting balance sheet pressure amid weaker trading conditions. In light of the loss, the board did not declare an interim dividend and confirmed the dividend reinvestment plan remains inactive, signalling an ongoing focus on capital preservation and financial strengthening rather than near-term cash returns to shareholders.

The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.22 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 is an Australian company operating in the automotive sector through National Tyre & Wheel, focusing on the distribution and wholesale of tyres and related products. The group services automotive and industrial markets across Australia and New Zealand, supplying retailers, fleets and other trade customers with a broad tyre portfolio and associated services.

Average Trading Volume: 25,405

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$41.93M

For detailed information about NTD stock, go to TipRanks’ Stock Analysis page.