Despite a challenging macro environment, Turners Automotive Group (NZX/ASX: TRA) has seen an increase in car units sold year on year and an expected modest increase in net profit before tax for H1-23, compared to H1-22.
The resilience and diversification of the group has enabled Turners to deliver robust earnings and consistent dividends for shareholders.
Group CEO Todd Hunter attributed the success to the auto retail network expansion, highly effective advertising and retail optimisation strategy, as well as a shift from new to used vehicles in tougher economic times.
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