Eagers Automotive Ltd

APE: XASX (AUS)
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Eagers Automotive Earnings: Revenue Lifts, but Margins Normalize

Eagers Automotive reported 2024 underlying net profit of AUD 232 million, 17% below the year prior. Revenue lifted 14% to AUD 11 billion, but gross margins were lower. Costs of doing business were also higher, including employee costs, interest expense, and depreciation and amortization.

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