Eagers Automotive Sees Uplift in H2 Deliveries on Improved Toyota Supply

MT Newswires Live

May 27

Eagers Automotive (ASX:APE) expected to see an uplift in deliveries in the second half of the year, supported by improved supply through a scaled partnership with Toyota following a materially constrained first half, according to a Wednesday Australian bourse filing.

The company said the second half will also benefit from a full-half contribution from CanadaOne, which is expected to have a similar second-half skew from its Toyota operations, along with full-half contributions from recent Australian acquisitions, the filing added.

The company said its order bank has grown 70% since December 2025. Its independent used vehicle business, comprising easyauto123 and Carlins, has delivered a record start to the year with profit before tax up 40% year-on-year in the four months to April, the filing added.

Eagers expects to report an underlying profit before tax result for the first half of 2026 in line with, or slightly ahead of, the first half of 2025 across its Australia and New Zealand operations, it added.

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