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Turners Automotive Group Achieves Record Profit Amid Challenging Conditions

Story Highlights
  • Turners Automotive Group Ltd operates in the automotive industry with a focus on auto retail, finance, insurance, and credit management.
  • Turners reported a record profit for FY25, driven by strong performances in finance, insurance, and credit management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Turners Automotive Group Achieves Record Profit Amid Challenging Conditions

Elevate Your Investing Strategy:

Turners Automotive Group Ltd ( (AU:TRA) ) just unveiled an announcement.

Turners Automotive Group Ltd has reported a record profit and dividend for FY25, marking a decade of sustainable growth. Despite challenging economic conditions, the company achieved a 10% increase in net profit before tax, driven by strong performances in its finance, insurance, and credit management segments. The company is on track to reach its FY28 targets earlier than expected, with a focus on maintaining momentum across all business segments.

More about Turners Automotive Group Ltd

Turners Automotive Group Ltd operates in the automotive industry, primarily focusing on auto retail, finance, insurance, and credit management services. The company is known for its resilience and diversified business model, which allows it to navigate challenging economic conditions effectively.

Average Trading Volume: 213

Technical Sentiment Signal: Buy

Current Market Cap: A$498M

For an in-depth examination of TRA stock, go to TipRanks’ Stock Analysis page.

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