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Peter Warren Automotive Holdings Limited (ASX:PWR)

ALERT: Price-sensitive ASX Announcement for PWR
Current share price for PWR : $0.748 -0.208 (-21.73%)+
Announcement
Release
21 Aug 2026 8:02AM
Price at Release
$0.955
Full Release
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Summary
Peter Warren Automotive Holdings Limited released its FY26 results, achieving a revenue increase to $2,489.3 million, driven by growth in used vehicles and services. The underlying profit before tax was $14.5 million, matching guidance, with a gross margin of 16.3%. Despite facing higher operating costs due to strategic business transitions and market challenges, the company expanded its dealership network and brand portfolio. A total dividend of 3.6 cents per share was declared. For FY27, the company aims to enhance margins, optimize costs, and expand its brand portfolio, leveraging its solid balance sheet for long-term growth.
Key Points
  • Peter Warren Automotive Holdings Limited announced its FY26 financial results.
  • Revenue increased to $2,489.3 million, driven by used vehicles, service, parts, finance, and insurance.
  • Underlying profit before tax (PBT) was $14.5 million, in line with guidance.
  • Gross profit increased to $406 million, with a gross margin of 16.3%.
  • The company faced increased operating expenses due to business transition initiatives and inflationary pressures.
  • Peter Warren added nine new dealerships and expanded its brand portfolio, especially in high-growth segments.
  • The group declared a final dividend of 0.6 cents per share, bringing the total dividend to 3.6 cents per share.
  • The company plans to focus on margin improvement, cost optimization, and brand portfolio expansion in FY27.
  • Peter Warren is well positioned for long-term value creation with a strong balance sheet and acquisition opportunities.
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.