Eagers Automotive Ltd
APE: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| w% | LOCK|@!<^% | LOCK|C<&<Wd |
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.
