Turners Automotive Group (TRA)•HY23•Released 22 November 2022Revenue up 12.4% but PBT essentially flat as finance margins squeezeAuto Retail and Insurance carried growth while Finance net interest margin compression and a larger balance sheet diluted earnings leverage.Published 22 April 2026Read briefing→
Turners Automotive Group (TRA)•FY22•Released 24 May 2022NPAT up 16.4% but operating cash swung to a $43.9m outflow as borrowings...Reported earnings growth is clean on tax, but cash generation inverted and leverage funded the dividend and balance sheet expansion.Published 22 April 2026Read briefing→
Turners Automotive Group (TRA)•HY22•Released 18 November 2021Continuing NPAT up 26% while operating cash flow swung NZD49.6m negativeStrong P&L growth on 17% revenue uplift is offset by a sharp cash reversal and borrowings climbing NZD34.7m against the FY21 balance.Published 22 April 2026Read briefing→
Turners Automotive Group (TRA)•HY21•Released 18 November 2021NPAT up 25.6% but operating cash swung to a NZ$22.7m outflowHeadline earnings growth is undercut by a NZ$50.4m negative swing in operating cash flow and a NZ$64.6m rise in net debt.Published 21 April 2026Read briefing→
Turners Automotive Group (TRA)•FY20•Released 25 May 2021Revenue fell 10.7% but PBT rose 28.6% as finance and insurance margins expandedEarnings mix shifted toward higher-margin finance and insurance, while the balance sheet roughly doubled and cash dropped two-thirds.Published 21 April 2026Read briefing→