Key highlights

  • Eagers reported 1H26 Revenue of $8.1 billion, up 24.0%, and underlying operating PBT of $250.4 million, up 26.6%, in its 27 August 2026 release.
  • A record Interim Dividend of 25.0 cents per share, fully franked, was declared, compared with 24.0 cents.
  • Revenue included a two-month contribution of $1.0 billion from CanadaOne Auto after the Partnership Investment completed on 30 April 2026.

Eagers Automotive Ltd (ASX:APE) closed 21 October 2026 at $18.19, lower by 1.20%. Across the market, the S&P/ASX 200 Consumer Discretionary [XDJ] index settled at 3,741.90, higher by 0.34% or 12.50 points, the S&P/ASX 200 [XJO] at 8,831.30, higher by 0.16%, and the All Ordinaries at 8,956.60, higher by 0.14%, at 5:00 pm GMT+11. Eagers Automotive is Australia’s largest automotive retail group, with dealerships in Australia, New Zealand and, through a partnership, Canada.

What Eagers Automotive does

Eagers Automotive Limited operates new and used vehicle dealerships, service and parts businesses and an independent pre-owned operation across Australia and New Zealand. It completed a partnership investment in CanadaOne Auto on 30 April 2026.

1H26 results

In an announcement dated 27 August 2026 for the six months ended 30 June 2026, Eagers reported record half-year revenue of $8.1 billion, up $1.6 billion or 24.0%, including $1.0 billion from two months of CanadaOne Auto, and growth of about $500 million (8.0%) in Australia and New Zealand. Underlying operating profit before tax was $250.4 million compared with $197.7 million, and statutory PBT was $243.1 million, up 25.7%. Return on sales was 3.1%, with ANZ at 3.0% and Canada at 4.2%. Total available Liquidity was $2,610.9 million.

Dividend and market share

The Board approved a record fully franked interim dividend of 25.0 cents per share, up from 24.0 cents. Eagers reported a 15.9% share of the Australian new vehicle market in the first half and record first-half performance in its independent pre-owned business.

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. Vehicle retailers are exposed to interest rates, new vehicle supply, consumer finance and the industry shift toward new vehicle technologies.

Risks and uncertainties

The company refers to economic headwinds, elevated interest rates and industry transformation. Revenue growth includes the acquired Canadian contribution, which was only two months, so comparisons will change. Integration, vehicle supply, pricing and consumer Demand can affect outcomes.

Catalysts to watch

Items to watch include the full-half CanadaOne contribution, ANZ trading, interest rates and the full-year result.

Wrapping up

Eagers’ 27 August 2026 release recorded higher revenue, profit and dividend, boosted by the Canadian partnership. The next result will show a full period of that contribution.