The latest update is out from G.U.D. Holdings ( (AU:AOV) ).
Amotiv Limited has provided a trading update for the financial year ending June 2025, indicating marginal revenue growth but a slight decline in underlying EBITA, primarily due to subdued reseller demand in Australia and weak new vehicle sales affecting its 4WD segment. Despite these challenges, the company maintains a strong balance sheet and expects lower corporate costs and solid cash conversion. The recent US tariffs are not anticipated to significantly impact the company, which is exploring strategic measures to mitigate any potential effects.
More about G.U.D. Holdings
Amotiv Limited, formerly known as GUD Holdings Ltd, operates in the automotive industry, focusing on products such as lighting, power, electrical components, 4WD accessories, and powertrain and undercarriage parts. The company caters to markets in Australia, the US, and New Zealand, with a notable presence in the wear and repair sectors.
YTD Price Performance: -12.62%
Average Trading Volume: 1,000
Technical Sentiment Signal: Strong Buy
Current Market Cap: $765.3M
For detailed information about AOV stock, go to TipRanks’ Stock Analysis page.