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Autosports Group’s (ASX: ASG) FY25 revenue likely to get a boost following Stillwell Motor acquisition - Kalkine

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Autosports Group’s (ASX: ASG) FY25 revenue likely to get a boost following Stillwell Motor acquisition - Kalkine

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Highlights

  • ASG has acquired B S Stillwell Motor Group Pty Ltd recently for AUD 53 million
  • In FY24, revenue rose 11.6% YoY to AUD 2,646.9 million, despite a competitive market, while statutory NPAT declined by 7.8% due to a significant increase in interest costs
  • The Stillwell acquisition is projected to boost revenue by AUD 260 million in FY25

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