What were the key financial results for Turners Automotive Group (ASX:TRA) in FY26?

Turners Automotive Group delivered a record financial result for the year ended 31 March 2026, headlined by a 16% increase in normalised net profit before tax (NPBT) to $63.2 million. Group revenue increased 9% to $451.2 million, while normalised EBIT rose 14% to $70.6 million.

What drove the record profit growth for Turners Automotive Group (ASX:TRA)?

The record earnings were driven by synchronized profit growth across all three of the company's core automotive business divisions: Auto Retail, Finance, and Insurance.

How much did Turners Automotive Group (ASX:TRA) increase its dividend for shareholders?

Turners declared a final dividend of 9.0 cents per share, which brings the total full-year dividend distribution to 33.0 cents per share. This full-year payout represents a 14% increase compared to the total dividends distributed in FY25, reflecting management's confidence in the company's cash generation.

What are the main bullish arguments for Turners Automotive Group (ASX:TRA) stock after this update?

The main bull points include the company's proven track record of meeting multi-year financial targets ahead of schedule and its resilient Auto Retail margins during macro headwinds.

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Turners hits record profit, accelerates strategic targets

Q: How have Turners Automotive Group’s growth targets changed following the FY26 results?

Due to the stronger-than-expected FY26 performance, Turners has brought forward its $65 million NPBT target from FY28 into FY27. This marks the third consecutive time the company has beaten its multi-year timeline schedule.

Written by Liezl GambePublished May. 20 2026Last Updated May. 20 2026

Turners Automotive Group (ASX:TRA) has delivered a record financial result for the year ended March 31, accelerating its trajectory towards its FY31 strategic targets.

The group reported a normalised net profit before tax of NZ$63.2 million, representing a 16% increase compared to FY25, driven by profit growth across all three core automotive divisions: auto retail, finance, and insurance.

The performance has allowed Turners to bring forward its NZ$65 million NPBT target from FY28 into FY27.

This marks the third consecutive multi-year target the group has achieved or exceeded ahead of schedule, laying a strong foundation for its newly established NZ$100 million FY31 NPBT goal.

Key financial highlights show group revenue rising 9% to NZ$451.2 million, while normalised EBIT climbed 14% to NZ$70.6 million.

Underpinned by strong operational execution, normalised earnings per share grew 16% to 50.4 cents per share.

Directors declared a final dividend of 9 cents per share, bringing the full-year dividend distribution to 33 cents per share, a 14% increase on the prior year.

Operational milestones included a 27% expansion in the finance loan book to NZ$556 million, alongside margin expansions within auto retail despite a challenging first-half macroeconomic environment.

Turners also reinforced its organisational health, ranking in the top 5% globally for employee engagement, with 67% of staff members currently holding shares in the company.