Turners Automotive has upgraded its profit guidance for the 2025 financial year, expecting a net profit before tax of at least $53 million.
This is 8% higher than the $49.1m achieved in the previous financial year.
The company attributed its continued growth, despite challenging economic conditions, to its diversified business model and focus on customers.
It said the second half of the 2025 financial year is expected to perform better than the same period last year for all four of its business divisions: auto retail, finance, insurance, and credit management.
Turners will report its full-year results in late May.
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