Turners accelerates into another record profit

Staff reporters
Tue, 24 May 2022

Investment in the Turners brand has created real tangible value, says CEO Todd Hunter. (Image: Turners)
Investment in the Turners brand has created real tangible value, says CEO Todd Hunter. (Image: Turners)
Staff reporters
Tue, 24 May 2022
Turners Automotive notched up another record profit and is keeping its foot on the accelerator for the next three years. The auto retailer and financier reported a net profit of $31.3 million in the 12 months ended March 31, up from $26.9m a year earlier. Pre-tax profit rose 15% to $43.1m, pipping its upgraded March forecast, as revenue grew at the same pace to $342m. “Our brand value is growing across all our key business divisions, but the investment we have made in the Turners brand, in particular, has created real tangible v...

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