Eagers Automotive Ltd
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 […]