New Zealand's Turners Automotive rises on FY earnings forecast boost

Turners Automotive

19/03/2026 01:21

** Shares of New Zealand's Turners Automotive TRA.NZ rise as much as 2.4% to NZ$8.500, their highest since March 6

** Financial services firm upgrades FY net profit after tax guidance to NZ$63 million ($36.62 million) from previous outlook of nearly NZ$60 million

** Upgrade earnings forecast due to stronger-than-expected trading performance across all core businesses — TRA

** TRA down 26% YTD

($1 = 1.7203 New Zealand dollars)

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))