Latest Autosports (Asx:Asg) News

Autosports Group Limited reports record FY25 revenue and profit, while announcing a strategic acquisition of 10 Barry Bourke Motors dealerships in Victoria, signaling robust growth momentum into FY26.

Autosports Group is set to acquire ten Barry Bourke Motors dealerships in Victoria for $34 million, expanding its luxury automotive footprint and strengthening key manufacturer partnerships.

Autosports Group Limited reported a robust FY25 with normalised NPBT of $47.1 million, driven by strategic acquisitions and greenfield expansions. The company is poised for further growth in FY26, targeting a doubling of its Mercedes-Benz footprint and continued market consolidation.

Autosports Group Limited reported a record $2.865 billion revenue for FY25 alongside strategic acquisitions set to fuel growth in FY26. The luxury automotive retailer is capitalizing on improving market conditions and expanding its footprint with new dealerships and property purchases.

Autosports Group Limited reported solid revenue growth for FY2025 but saw its profit after tax nearly halve, impacted by acquisition expenses and amortisation. The company also declared a fully franked final dividend and expanded its footprint through a key acquisition.

Autosports Group is set to acquire Gulson Canberra, including the Porsche Centre Canberra, marking its entry into the Australian Capital Territory market and reinforcing its luxury brand strategy.

Autosports Group has inked a $350 million syndicated revolving credit facility, streamlining its capital structure and boosting financial flexibility to support future expansion.

Autosports Group has inked a $350 million syndicated revolving credit facility, streamlining its capital structure and boosting financial flexibility to support future expansion.