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Eagers Automotive Limited (ASX:APE)

ALERT: Price-sensitive ASX Announcement for APE
Current share price for APE : $23.810 1.46 (6.53%)+
Announcement
Release
27 May 2026 8:27AM
Price at Release
$22.350
Full Release
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Summary
Eagers Automotive Limited, a leading automotive retailer in Australia, reported a strong financial year in 2025 with record revenue of $13.0 billion and significant strategic advancements, including a 65% investment in CanadaOne Auto, a leading Canadian dealership group. The underlying EBITDAI increased to $620.9 million, indicating robust financial health. The AGM outlined the company's future outlook, with expectations of continued growth supported by improved vehicle supply and a strong order bank, particularly for new energy vehicles. The company emphasizes disciplined capital allocation, structural advantages, and strategic partnerships, including a notable one with Mitsubishi Corporation, to sustain its growth trajectory and maintain its industry leadership.
Key Points
  • Record revenue of $13.0 billion for 2025, a 16.5% increase.
  • Investment in CanadaOne Auto to expand into the Canadian market.
  • Underlying EBITDAI rose to $620.9 million in 2025.
  • Strategic partnership established with Mitsubishi Corporation.
  • Continued focus on new energy vehicles and improved supply chain.
  • Positive financial outlook for 2026 with expected record growth.
  • Importance of disciplined capital allocation and strategic partnerships.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.