Peter Warren Automotive Holdings Ltd (AU:PWR) has released an update.
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Peter Warren Automotive Holdings has announced a challenging outlook for the first half of FY25, expecting profits to fall due to an oversupply of new vehicles and decreased demand. However, the company is taking steps to mitigate these impacts by boosting service, parts, and used car sales, alongside aggressive cost-cutting measures. Despite the headwinds, Peter Warren remains optimistic about long-term growth opportunities.
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