Amotiv (ASX:AOV) Delivers FY26 Revenue Growth While Advancing Offshore Expansion and Transformation

Aditi Sarkar

06 November 2026 10:33 PM AEDT

Amotiv (ASX:AOV) Delivers FY26 Revenue Growth While Advancing Offshore Expansion and Transformation

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Highlights

Amotiv delivered FY26 group Revenue of AUD 1,023.9 million, representing 2.7% growth compared with the previous financial year for shareholders.
Underlying EBITDA increased 1.6% to AUD 230 million, while underlying EBITA remained in line with the company’s earlier annual guidance.
Four wheel drive accessories and trailering revenue grew 3.8% to AUD 368.5 million, leading the company’s divisional revenue performance overall.
Amotiv anticipates modest FY27 revenue and underlying EBITA growth, supported by offshore expansion and its ongoing unified transformation program overall.

Amotiv Limited (ASX:AOV), formerly known as GUD Holdings Limited, is a leading Australian automotive parts and accessories company operating across three divisions: 4WD Accessories and Trailering, Lighting, Power and Electrical, and Powertrain and Undercar. The company released its FY26 full-year results on 11 August 2026.

FY26 Financial Results

Amotiv reported group revenue of $1,023.9 million for the year ended 30 June 2026, up 2.7% from $997.4 million in FY25. Underlying EBITDA grew 1.6% to $230.0 million, with underlying EBITA delivered in line with guidance for the period. The 4WD Accessories and Trailering division was the strongest performer, with revenue growing 3.8% to $368.5 million, partly driven by winning Supply contracts for BYD Shark towing components and growing its Chinese OEM customer base. Powertrain and Undercar revenue also grew during FY26. The Lighting, Power and Electrical segment saw a slight revenue decline of 0.7% to $315.9 million, reflecting subdued ANZ market demand.

Amotiv Unified Transformation and Offshore Growth

Amotiv continued to execute on its "Amotiv Unified" transformation program during FY26, achieving further efficiency improvements and cost reductions. Corporate costs decreased 3.4% as transformation benefits flowed through. The company made strategic portfolio changes, divesting East Coast Bullbars for $11.3 million in July 2026, as part of its ongoing portfolio optimisation. Offshore revenue growth was a key strategic focus, with Amotiv expanding its Manufacturing and commercial footprint across the USA, UK, Sweden, South Africa, China, South Korea, Thailand, Vietnam, Australia, and New Zealand.

Balance Sheet and FY27 Outlook

Amotiv maintained a disciplined approach to Capital allocation throughout FY26, with resilient Operating Cash Flow generation supporting its balance sheet. A final Dividend of 23.0 cents per share was declared for FY26. The company made Leadership changes during the year, with a CEO succession process underway. For FY27, Amotiv guided for modest revenue and underlying EBITA growth, with growing offshore revenue, pricing initiatives, and further Amotiv Unified transformation benefits expected to offset continued subdued conditions in the ANZ automotive aftermarket.

Stock Price Information

Shares in Amotiv Limited (ASX:AOV) have experienced Volatility in 2026 following the FY26 results release. As of 6 November 2026, AOV shares were trading at approximately $6.11 on the ASX. Investors should refer to ASX announcements at www.asx.com.au for current pricing and the latest company disclosures.

FAQs

Q: What is Amotiv's business model?

A: Amotiv Limited (formerly GUD Holdings) is an ASX-listed automotive parts and accessories company. It operates three segments: 4WD Accessories and Trailering (towbars, roof racks, bull bars), Lighting, Power and Electrical, and Powertrain and Undercar. The company sells to automotive dealers, fleet operators, and OEMs across Australia, New Zealand, and international markets.

Q: What is the Amotiv Unified transformation program?

A: Amotiv Unified is the company's internal transformation and integration program, designed to unify its divisional operations, reduce corporate costs, improve supply chain efficiency, and generate operating leverage. The program contributed to a 3.4% reduction in corporate costs in FY26 and is expected to deliver ongoing benefits in FY27.

Q: What drove Amotiv's 4WD Accessories segment revenue growth in FY26?

A: Amotiv's 4WD Accessories and Trailering division grew 3.8% to $368.5 million in FY26, driven by volume growth, wins in the towbar supply chain for the BYD Shark (a popular Chinese-branded 4WD ute), and the expansion of its Chinese OEM customer base across a range of vehicle platforms.

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