Turners Automotive Group Ltd (AU:TRA) has released an update.
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Turners Automotive Group Ltd showcases its resilience with a diversified business model that led to a 5% increase in net profit before tax during a challenging retail downturn. The company reported a slight decline in revenue but offset this with significant gains in its finance, insurance, and credit management segments, maintaining strong dividend growth. With improving market conditions, Turners is poised for a record-breaking FY25, exceeding its $50 million target.
For further insights into AU:TRA stock, check out TipRanks’ Stock Analysis page.
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