Eagers Automotive Ltd
Eagers Automotive Limited is an Australia-based automotive retail company representing a diversified portfolio of automotive brands across Australia and New Zealand.
The business
Eagers Automotive Limited is an Australia-based automotive retail company representing a diversified portfolio of automotive brands across Australia and New Zealand. The Company operates through two segments: Car Retailing and Property. Within the Car Retailing segment, the Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle maintenance and repair services, vehicle parts, service contracts, vehicle brokerage, vehicle protection products and other aftermarket products. The Company also facilitates financing for vehicle purchases through third-party sources. New vehicles, vehicle parts and maintenance services are predominantly supplied in accordance with franchise agreements with manufacturers. The Car Retailing segment includes a motor auction business and forklift rental business. Within the Property segment, it acquires commercial properties principally for use as facility premises for its motor dealership operations.
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Eagers Automotive boosts revenue to record $11.2b as acquisitions drive growth
Eagers Automotive (ASX: APE) has outperformed retail motor industry benchmarks by posting record revenue of $11.2 billion for the 2024 full year, a 13.6% increase on the previous corresponding period (pcp). The result was driven by the group’s core franchised automotive business, as well as recent large-scale acquisitions and continued growth in Eagers’ national retail […]

That’s the ticket: snaring a prime parking spot ahead of the post-pandemic motoring revival
As the pandemic lockdowns grind on, investing in the car parking sector looks a decidedly dead-end option given the expanses of vacant lots across the affected regions. The situation is unlikely to change until Sydney and Melbourne office workers – who account for 80% of usage – are allowed to return to their cubicles. “The […]

There’s vroom to move for ASX-listed automotive stocks as motorists and bikers hit the road again
The sprawling ASX-listed automotive sector is one to watch this annual general meeting (AGM) season as holidaymakers avail of newly-restored freedoms and gear up for a good ol’ fashioned road trip. Of course, with the freedom of travelling offshore confined to Tasmania and the vaunted Kiwi bubble, householders have no option than discovering the joys […]
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