Annual Reports

Annual Report 2017

We are pleased to report Autosports Group has achieved its Prospectus forecasts on a Statutory and Pro forma basis (as set out in the Prospectus). These results include the accretive acquisition of Doncaster BMW (incorporating Doncaster BMW, Bundoora BMW, Mini Doncaster, BMW Motorrad, Bundoora BMW Bodyshop and Alpina Australia) in April 2017 which contributes $1.3m profit before tax to the result since acquisition. It is important to note that we achieved our Prospectus forecasts on EBITDA, EBIT, NPBT, NPAT and NPATA even if we exclude the Doncaster BMW acquisition.