Turners Automotive (ASX: TRA) — Company Overview, News & Financial Data
Turners Automotive is a New Zealand automotive retailer offering vehicle sales, finance, servicing, and rentals.
Turners Automotive
Turners Automotive is a New Zealand-based integrated automotive and financial services company operating across vehicle retail, consumer financing, motor insurance, and commercial debt management services. The business buys, auctions, and sells pre-owned cars, commercial trucks, damaged vehicles, and heavy machinery through a nationwide network of physical retail branches and online trading platforms. Its finance division delivers automotive loans and asset funding, while its insurance unit provides mechanical breakdown, motor, and payment protection coverage. Furthermore, the organization operates credit management and corporate debt recovery services across New Zealand and Australia, serving retail customers, commercial fleets, and institutional clients.
Snapshot
Operations
Products and/or services of Turners Automotive
- Automotive Retail: Operating an integrated retail network for buying, selling, and auctioning used motor vehicles, trucks, heavy machinery, and damaged cars through physical branches and online platforms across major New Zealand urban centers.
- Finance: Providing structured personal loans, automotive financing, and commercial equipment funding solutions to retail and corporate clients, operating principally through Oxford Finance across the New Zealand motor vehicle and consumer finance sector.
- Insurance: Distributing comprehensive motor vehicle insurance, mechanical breakdown insurance, lifestyle protection policies, and guaranteed asset protection plans integrated into automotive retail and dealership financing transactions throughout New Zealand.
- Credit Management: Delivering debt recovery, commercial credit management, corporate risk advice, and collection agency services to business and enterprise clients operating across New Zealand and Australia under the EC Credit Control brand.
- Commercial & Machinery Remarketing: Sourcing, evaluating, and auctioning heavy transport assets, commercial fleets, construction machinery, and industrial equipment for corporate, government, and municipal clients needing specialized fleet liquidations and remarketing solutions.
- Digital Vehicle Sourcing & Valuation: Offering online vehicle purchasing tools, digital valuation services, direct-from-vendor vehicle procurement channels, and trade-in platforms to facilitate seamless inventory acquisitions for consumer and trade buyers.
Turners Automotive executive team
- Todd William HunterMD, Group CEO & Executive Director
- Aaron D. SaundersGroup Chief Financial Officer
- Maryanne BurnsGroup General Manager of People & Culture
- James SearleCEO of Autosure Insurance
- Greg HedgepethChief Executive Officer of Automotive Retail Division
- Jeremy RookeGroup Chief Digital Officer
- Barbara M. BadishCompany Secretary
- Matthew GannawayChief Executive Officer of EC Credit Control
- Guy BrydenChief Executive Officer of Oxford Finance
Recent announcements
What Turners Automotive (TRA) has told the market, newest first.
- Dividend/Distribution - TRA
- Turners Q1 Dividend DeclaredPrice sensitive
- D&O Ongoing Disclosure Notice - Lauren Quaintance
Dividend history
Dividends per share paid by Turners Automotive , by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2027(to date) | — | NZ$0.0564 | — | NZ$0.2045 |
| FY2026 | NZ$0.0828 | NZ$0.1950 | — | NZ$0.2779 |
| FY2025 | NZ$0.0687 | NZ$0.1176 | — | NZ$0.1864 |
| FY2024 | NZ$0.0661 | NZ$0.1676 | NZ$0.0077 | NZ$0.2969 |
| FY2023 | NZ$0.0747 | NZ$0.1448 | NZ$0.0655 | NZ$0.2850 |
Key financials
Reported results for Turners Automotive , in NZD.
- Market cap
- 639M
- Revenue (TTM)
- 450.2M
- P/E ratio
- 18.9
- EPS (diluted, TTM)
- 0.4
- Dividend yield
- 4.7%
- Profit margin
- 8.5%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 452.2M | 91.5M | 38.4M | |
| 255.5M | -76.8M | 38.6M | |
| 344.5M | 4.5M | 33M | |
| 389M | 65.5M | 32.6M |