Turners accelerates into another record profit

Investment in the Turners brand has created real tangible value, says CEO Todd Hunter. (Image: Turners)

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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