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Eagers Automotive Provides Chairman and CEO Addresses to AGM

19 May 2021  |  08:35:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Chairmans and CEOs Addresses to Shareholders

Eagers Automotive provided its Chairman's and CEO's addresses to the Company's AGM. They reported that balance sheet remains robust, with $507m of available liquidity as at 31 March 2020 together with a substantial asset base and property portfolio valued at $436m in March 2021 underpinning the Company's financial position. It recorded NPAT of $156.2m, while underlying Profit Before Tax from continuing operations of $209.4m on group revenue of $8.7bn.

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