Amotiv reports FY26 statutory net profit of $75.1M
- Amotiv recorded a statutory net profit after tax of $75.1 million for the 2026 financial year.
- The company returned $74.8 million to shareholders, as its share price traded higher following the results.
- Amotiv stated that its strategic integration initiative will drive future efficiency to offset challenging local conditions.
Automotive parts manufacturer Amotiv (ASX:AOV) reported a statutory net profit of $75.1 million for the 2026 financial year.
The profit compares directly against a statutory loss of $106.3 million recorded during the previous corresponding period.
The business also recorded a 2.7% increase in total revenue, reaching $1.02 billion, primarily through volume growth within PTU and 4WD wins.
Underlying EBITA reached $195.1 million, in line with guidance, primarily driven by LPE offshore revenue, ANZ PTU growth and Amotiv Unified.
Operations generated a cash conversion rate of 93.1%, enabling the organisation to return $74.8 million directly to shareholders.
Following the announcement, the Amotiv share price was up at $7.35, reflecting company expectations of future offshore growth.
The board declared a fully franked final dividend of 23.0 cents per share, payable on Sept. 15.
For FY27, the company expects modest revenue and underlying EBITA growth, with growing offshore revenue, pricing and Amotiv Unified offsetting subdued ANZ conditions.
The enterprise continues executing its strategic plan while delivering a lower net debt leverage ratio of 1.85x.
Amotiv stated that its ongoing operational integration initiative is expected to offset currently subdued domestic trading conditions.
