tiprankstipranks
Eagers Automotive Hits Record Revenue and Profits
Company Announcements

Eagers Automotive Hits Record Revenue and Profits

Eagers Automotive Limited (AU:APE) has released an update.

Don't Miss our Black Friday Offers:

Eagers Automotive Limited reported a record-breaking financial performance in 2023, with revenue soaring to $9.9 billion, a 15.3% increase from the previous year, and an Underlying Operating Profit Before Tax of $433.3 million, up by 6.9%. Reflecting this success, shareholders received a record dividend of 74 cents per share, up from 71 cents the previous year. The company has also made strides in its sustainability strategy, setting up a steering committee to oversee progress in Environmental Social Governance initiatives.

For further insights into AU:APE stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App