Turners Automotive Reports Record Growth in FY 2026 with Increased Dividends
Earnings call transcript: Turners Automotive sees record growth in FY 2026

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Turners Automotive Group achieved a significant 8.9% revenue growth in FY 2026, reaching NZD 451 million. The company declared a final dividend of NZD 0.09 per share, marking a 14% increase for the year. Strong performance in auto retail and finance segments, alongside a 27% surge in finance receivables, underlines its robust market position.
- 01Turners Automotive's total revenue increased to NZD 451 million, up 8.9% year-over-year.
- 02The company declared a final dividend of NZD 0.09 per share, contributing to a total annual dividend of NZD 0.33.
- 03Finance receivables surged by 27%, indicating strong growth in the loan book.
- 04The auto retail division's revenue grew by 10%, driven by improved market conditions.
- 05CEO Todd Hunter emphasized the company's resilience and strategic focus on diversified growth.
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Turners Automotive Group, based in New Zealand, reported a strong financial performance for FY 2026, with total revenue reaching NZD 451 million, an 8.9% increase from the previous year. The company declared a final dividend of NZD 0.09 per share, leading to a total annual dividend of NZD 0.33, marking a 14% year-over-year increase. This growth reflects the company's successful strategies in its auto retail and finance segments, with the auto retail division achieving a 10% revenue increase and finance receivables surging by 27%. CEO Todd Hunter highlighted the company's adaptability in challenging market conditions and its commitment to expanding its branch network. Despite potential macroeconomic pressures, Turners Automotive remains well-positioned for future growth, aiming for a profit target of NZD 100 million before tax by FY 2031. The company continues to focus on disciplined credit management and inventory optimization to navigate the evolving market landscape.
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The growth in Turners Automotive's revenue and dividends indicates a positive outlook for shareholders and suggests increased investment in local operations.
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