Amotiv Posts 1% Revenue Growth, $192M EBITA, and $105M Returned to Shareholders

FY25 Performance in Context

Amotiv Limited, the automotive aftermarket specialist, presented a measured set of results for the 2025 financial year at its Annual General Meeting. Revenue edged up by 1% to just under $1 billion, while underlying EBITA declined slightly by 1% to $192 million. Despite these modest shifts, the company maintained a robust cash conversion rate of 90.6%, underscoring operational discipline amid external headwinds.

The company’s capital management strategy remained active, with a 5% on-market share buyback completed during the year and dividends held steady at 40.5 cents per share. These actions combined to return over $105 million to shareholders, reflecting a continued commitment to shareholder value even as earnings per share nudged up 1.4%.

Strategic Refresh, Introducing Amotiv2030

Looking beyond the numbers, Amotiv’s leadership unveiled a refreshed strategic vision dubbed Amotiv2030. This new plan simplifies prior objectives and zeroes in on strengthening three core divisions, Lighting, Power & Electrical; 4WD Accessories & Trailering; and Powertrain & Undercar. The strategy aims to solidify domestic market leadership while selectively expanding global footprints, particularly in niche lighting and power sectors and targeted adjacent categories.

Central to this strategy is the Amotiv Unified transformation program, a multi-year initiative launched earlier in 2025 to drive operational efficiencies and revenue optimisation. Early results are promising, with $10 million in annualised EBITA benefits already realised. The program’s phased approach balances quick wins with longer-term capability building, positioning Amotiv to better leverage its pure-play automotive focus.

Navigating Challenges and Opportunities

Amotiv’s FY25 performance was tempered by external factors including US tariffs impacting approximately 8% of group revenue, though the financial effect was minimal due to mitigating actions. The company also recorded a non-cash impairment on its APG business, which management affirmed remains strategically sound with strong medium-term prospects.

Looking ahead, the company’s Q1 FY26 trading update showed a 3% revenue increase with EBITA in line with expectations. While Australian and New Zealand markets face cyclical headwinds, core wear and repair segments remain resilient. Pricing initiatives are underway to support margins, with benefits expected to materialise more strongly in the second half of the year.

Leadership Transition and Governance

The AGM also marked a significant board refreshment. After 13 and a half years, including five as Chair, Graeme Billings retired, passing the baton to James Fazzino, whose extensive executive and board experience is expected to guide Amotiv through its next growth phase. The election of Raelene Murphy as Audit Committee Chair further strengthens the board’s financial oversight capabilities.

With a disciplined capital allocation framework in place, a strong balance sheet, and a clear strategic roadmap, Amotiv is positioning itself to navigate ongoing market challenges while unlocking shareholder value through focused investments and operational excellence.