New Zealand's Turners Automotive gains on upbeat annual results

Turners Automotive

26/05/2025 24:38

** Shares of Turners Automotive Group TRA.NZ rise 2.3% to NZ$6.1400

** Stock set for its strongest session since May 13 - if current trends hold

** The integrated financial services co posts FY profit from continuing operations of NZ$38.6 million ($23.13 million) vs a profit of NZ$33 million last year

** Co also declares a full-year dividend of 5.40 New Zealand cents per share

** Earlier, stock rose as much as 2.7% to NZ$6.160, its highest level since May 20

** Stock up 11.1% YTD, including current session's moves

($1 = 1.6686 New Zealand dollars)

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))