Autosports Group Ltd
ASX:ASG
Autosports Group Ltd
Autosports Group Ltd. engages in the sale of new and used motor vehicles. The company is headquartered in Sydney, New South Wales. The company went IPO on 2016-11-16. The firm's principal activities include the sale of new and used motor vehicles, distribution of finance and insurance products on behalf of retail financiers and automotive insurers, sale of aftermarket products and spare parts, motor vehicle servicing and collision repair services. The company deals with various automotive brands including Alpina, Aston Martin, Audi, Bentley, BMW, BMW Motorrad, Honda, Jaguar, Lamborghini, Land Rover, Maserati, McLaren, Mercedes-Benz, MINI, Rolls-Royce, Volkswagen and Volvo. The firm has approximately 50 retail businesses across Sydney, Melbourne, Brisbane and the Gold Coast. The company offers a range of different services, including scheduled interval services, quick checks, and special safety checks. The firm operates prestige and luxury car business in Sydney, Brisbane and Melbourne through Prestige Auto Traders.
Autosports Group Ltd. engages in the sale of new and used motor vehicles. The company is headquartered in Sydney, New South Wales. The company went IPO on 2016-11-16. The firm's principal activities include the sale of new and used motor vehicles, distribution of finance and insurance products on behalf of retail financiers and automotive insurers, sale of aftermarket products and spare parts, motor vehicle servicing and collision repair services. The company deals with various automotive brands including Alpina, Aston Martin, Audi, Bentley, BMW, BMW Motorrad, Honda, Jaguar, Lamborghini, Land Rover, Maserati, McLaren, Mercedes-Benz, MINI, Rolls-Royce, Volkswagen and Volvo. The firm has approximately 50 retail businesses across Sydney, Melbourne, Brisbane and the Gold Coast. The company offers a range of different services, including scheduled interval services, quick checks, and special safety checks. The firm operates prestige and luxury car business in Sydney, Brisbane and Melbourne through Prestige Auto Traders.
Revenue Growth: Autosports Group reported H1 FY26 revenue of $1.519 billion, up 11% versus the prior year.
Profit Surge: Normalized profit before tax jumped 75% to $35.3 million; statutory net profit after tax rose 107.6% to $21.7 million.
Dividend Increase: Interim dividend increased by 43% to $0.05 per share, reflecting strong profit growth.
Margin Strength: Gross margin improved to 19.1%, driven by quality revenue, an improved inventory mix, and strong aftersales growth.
Acquisition Momentum: Recent acquisitions (Porsche Centre Canberra, Mercedes-Benz Canberra, Barry Bourke dealerships) contributed significantly and are tracking on or ahead of expectations.
Resilient Outlook: Management remains confident for the second half, expecting continued growth in used cars, service, and parts, with full-year benefit from recent acquisitions.
Luxury Focus: The group’s strategy to dominate the luxury segment is delivering resilient performance and strong margins.
