Turners Automotive Group Upgrades Fiscal 2025 Profit Guidance; Shares Hit 52-Week High

MT Newswires Live

02-18

Turners Automotive Group (NZE:TRA, ASX:TRA) has upgraded its net profit before tax guidance for fiscal 2025 to at least NZ$53 million, up from previous guidance of over NZ$50 million, according to a Tuesday filing with the New Zealand bourse.

The company is expecting its fiscal second-half results for all four business divisions, auto retail, finance, insurance, and credit management, to be ahead of the prior year.

Company shares rose almost 5% in recent Tuesday trade in New Zealand, hitting a 52-week high.

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