Key highlights

  • Amotiv reported FY26 Revenue of $1,023.9 million, up 2.7%, and underlying EBITA of $195.1 million, up 1.6%, in its 11 August 2026 release.
  • Statutory NPAT was $75.1 million, compared with a $106.3 million loss in FY25, which included a $190 million impairment.
  • The full-year Dividend was 43.0 cents, up 6.2%, and FY27 outlook is for modest revenue and EBITA growth.

Amotiv Ltd (ASX:AOV) shares closed at $5.53, down 2.64%, on 21 October 2026. The S&P/ASX 200 Consumer Discretionary [XDJ] index closed at 3,741.90, up 0.34% (12.50 points), while the S&P/ASX 200 [XJO] finished at 8,831.30, up 0.16%, and the All Ordinaries at 8,956.60, up 0.14%, as at 5:00 pm GMT+11. Amotiv is an automotive aftermarket group with 4WD accessories, power and lighting and powertrain and undercar brands.

What Amotiv does

Amotiv Limited supplies automotive aftermarket products across 4WD accessories and trailering, lighting, power and electrical (LPE), and powertrain and undercar (PTU) segments in Australia, New Zealand and offshore. Its Amotiv 2030 strategy includes the Amotiv Unified program.

FY26 financial results

In an ASX announcement dated 11 August 2026, Amotiv reported revenue of $1,023.9 million, up 2.7%, mainly volume-driven, with gross Margin of 42.8%, down one percentage point. Underlying EBITDA was $230.0 million, up 1.6%, underlying EBITA was $195.1 million, in line with guidance, and underlying NPATA was $120.3 million, up 1.3%. Statutory NPAT was $75.1 million, compared with a loss of $106.3 million after a $190 million APG Impairment in FY25. 4WD Accessories & Trailering revenue was $368.5 million, up 3.8%.

Cash returns and balance sheet

Cash conversion was 93.1% and net Debt to adjusted EBITDA was 1.85 times, down from 1.91 times. The full-year dividend was 43.0 cents, up 6.2%, underlying EPSA was 89.4 cents, up 4.5%, ROCE was 13.4% and total cash returned to shareholders was $74.8 million, including completion of the share buy-back.

FY27 outlook

Amotiv expects modest revenue and underlying EBITA growth in FY27, with growing offshore revenue, pricing and Amotiv Unified benefits offsetting subdued ANZ conditions.

Sector context

Consumer discretionary companies depend on household spending, travel, leisure and housing activity, and they are tracked through the S&P/ASX 200 Consumer Discretionary index, which closed at 3,741.90, up 0.34%, on 21 October 2026 alongside a 0.16% rise in the S&P/ASX 200 to 8,831.30. Automotive aftermarket Demand depends on vehicle ownership, household budgets and 4WD accessory demand.

Risks and uncertainties

Gross margin fell one percentage point, 4WD margins were reduced by pricing timing, and the company describes subdued ANZ conditions. Growth rates were low, and pricing, Supply chain costs, currency and tariffs can affect results.

Catalysts to watch

Items to watch include delivery of Amotiv Unified benefits, offshore LPE revenue, 4WD pricing actions and the half-year result.

Closing perspective

Amotiv’s 11 August 2026 release recorded modest Earnings growth, lower Leverage and higher dividends, alongside a cautious ANZ view. The next result will show margin trends.