Turners Automotive Group (TRA) Investor presentation presentation summary

Achievements and current position

• Achieved five years of successful execution, resilient management, and a winning culture, positioning for the next growth phase.

• Exceeded medium-term profit targets ahead of schedule, with NPBT rising from $29M in FY19 to $54.3M in FY25.

• Ranked #1 in total shareholder return over five years among peers, with a unique, hard-to-replicate platform.

• 67% of staff are shareholders, and the company has delivered a decade of increasing dividends and share price growth.

• Performed well in a down cycle and expects to outperform in an upcycle as consumer confidence improves.

Strategic growth plans and financial guidance

• New five-year target of $100M NPBT by FY31, representing 50% organic growth over FY26, with additional inorganic growth.

• Majority of growth expected from Auto Retail and Finance, with over 70% of Auto Retail profit growth from network expansion.

• Plan to open 15 new branches by 2031, focusing on both metro and regional opportunities.

• Continued investment in digital initiatives, data-driven sourcing, and capital-efficient structures to support growth.

• Dividend policy targets 60-70% payout of normalised NPAT, with quarterly payments and a reinvestment plan.

Business segment developments

• Auto Retail: Largest buyer/seller of vehicles in NZ, 32 branches, 89% bottom-line growth in five years, and a strong sourcing advantage.

• Finance: $536M loan book, aiming for 50% growth without more capital, record profits expected in FY26, and focus on high-quality lending.

• Insurance: Over 200,000 active policies, consistent profitability, and targeting private-to-private used car market with new MBI positioning.

• Servicing & Repairs: NZ's largest mobile mechanic, expanding regionally, leveraging partnerships, and integrating with core network.