Full year net profit for Automotive Group Holdings Limited
(ASX:AHG) is up 20.8 per cent to $88.1 million and in line with analysts’ expectations.
The company’s share price was up more than 6 per cent on the news this morning with growth in the refrigerated logistics business supporting operations along with recent acquisitions.
The company will pay a full year fully franked dividend of 22 cents.
Managing director Bronte Howson says the acquisition of Bradstreet Motor group helped push the result.
The company is optimistic about the future with refrigerated logistics the focus for the year ahead.
