Turners achieves record profit, dividend amidst challenging conditions

Turners Automotive Group (NZX:TRA) announced a robust FY25 performance, delivering record profit and dividends despite a challenging economic climate. The company's NPBT rose 10% to NZD 54.3m, while NPAT increased 17% to NZD 38.6m. Earnings per share climbed 17% to 43.3 cps, with a final dividend of 9.0 cps declared, bringing the full-year dividend to 29 cps, a 14% increase. The result caps a decade of sustainable growth, which has seen a threefold increase in dividends since FY15.