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Autosports Group Limited (ASX:ASG)

ALERT: Price-sensitive ASX Announcement for ASG
Current share price for ASG : $1.540 -1.93 (-55.62%)+
Announcement
Release
19 Feb 2026 8:56AM
Price at Release
$3.470
Full Release
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Summary
Autosports Group Limited (ASG) presented its H1 FY26 results highlighting robust financial performance driven by strategic acquisitions and organic growth. The company reported a total revenue increase of 10.9% to $1.519 billion compared to the previous corresponding period (PCP). New and used vehicle sales contributed to this growth, complemented by a strong service and parts revenue. ASG's gross margin improved to 19.1%, and the normalized profit before tax (PBT) surged by 75% to $35.3 million, excluding specific adjustments. The company continues to focus on its luxury brand portfolio and strategic acquisitions, with notable acquisitions in Canberra and Melbourne enhancing its market position. ASG anticipates continued growth in the luxury market and plans further expansion through acquisitions and greenfield developments.
Key Points
  • Revenue increased by 10.9% to $1.519 billion.
  • Gross margin improved to 19.1%.
  • Normalized PBT increased by 75% to $35.3 million.
  • Significant acquisitions in Canberra and Melbourne.
  • Continued focus on luxury brand portfolio.
  • Expect further growth through acquisitions and expansions.
  • Service and parts revenue showed strong growth.
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.