Brief: Turners Automotive Says Trading In Q4 Has Seen No Significant Change Vs Q3

Turners Automotive

10/05/2023 02:28

May 10 (Reuters) - Turners Automotive  TRA.NZ :
    * TRADING IN Q423 HAS SEEN NO SIGNIFICANT CHANGE TO MARKET
DYNAMICS CO WAS EXPERIENCING IN Q3
    * CAR SALES CONTINUE TO HOLD UP WELL, MARKET SHARE CONTINUES
TO
GROW ACROSS NEW AND EXISTING SITES, MARGINS ARE STABLE IN Q4
    * EXPECTED FY23 DIVIDENDS ARE 23.0 NZ CENTS PER SHARE
    * CLAIMS CONTINUE TO TRACK BELOW EXPECTATIONS AND INVESTMENT
RETURNS IMPROVING IN Q4
    * ON TRACK FOR FY23 PROFIT BEFORE TAX TO BE AT LEAST
NZ$44.0M

Further company coverage:  TRA.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))