SG Fleet Group Ltd. (AU:SGF) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
SG Fleet Group Ltd. experienced a remarkable year, with profits surging nearly 20%, driven by record-high orders and deliveries across various channels. Despite a slower than expected decline in used vehicle values, the company maintained strong earnings and declared a special dividend, doubling its previous year’s payout. SG Fleet is optimistic about future growth, especially with the ongoing LeasePlan integration and the increasing demand for novated leasing and low-emission vehicles.
For further insights into AU:SGF stock, check out TipRanks’ Stock Analysis page.