Latest Turners Automotive (ASX:TRA) News

Micro-caps stole the spotlight, led by a boardroom reset at Killi and a blockbuster cancer update from Amplia. Energy explorers and a few big raisings moved the other way, as traders sold hard into fresh dilution and weak price action.

Turners Automotive Group has unveiled an ambitious roadmap aiming for $100 million net profit before tax by FY31, driven by organic growth and strategic network expansion across its integrated used car platform.

Turners Automotive Group has raised its net profit guidance for FY26 to $63 million, driven by robust vehicle sales and record finance lending, despite a goodwill write-down in its EC Credit division.

Big moves came from consumer fintech names as investors quickly re-priced growth, losses, and capital needs. A capital-raise week also split the market: some raisings steadied prices, others triggered fresh selling.

Turners Automotive Group has issued over 180,000 new shares through its Dividend Reinvestment Plan and option exercises, subtly reshaping its capital structure as FY26 progresses.

Turners Automotive Group has posted a resilient and record first-half result for FY26, with net profit before tax up 13% despite ongoing economic challenges. The company’s diversified model and strategic capital moves underpin its confident outlook.

Turners Automotive Group has delivered a record first-half profit for FY26, driven by strong growth in its Finance and Insurance divisions despite ongoing supply constraints in the used vehicle market. The company also raised its interim dividend, signalling confidence in its diversified business model and capital management strategy.

Turners Automotive Group has updated its dividend announcement, revealing a fully franked ordinary dividend and detailing the strike price for its Dividend Reinvestment Plan.

Turners Automotive Group Limited has announced a fully franked ordinary dividend for the quarter ending June 2025, accompanied by a dividend reinvestment plan offering a 2% discount.

Turners Automotive Group has declared a higher Q1 FY26 dividend of 7 cents per share, up from 6 cents last year, reflecting steady financial health and shareholder returns.

Turners Automotive Group is on track to surpass its record first-half earnings by over 10%, driven by strategic branch expansions and robust finance and insurance growth despite economic headwinds.

Turners Automotive Group has reported a record FY25 financial performance, with net profit after tax rising 17% to $38.6 million and dividends increasing 14% to 29.0 cents per share, underscoring resilience amid a challenging New Zealand economy.