A.P. Eagers expects $69.5m profit for the half year

Company News

by Rachael Jones

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Last Updated: 19/06/2019 3:27 PM

A.P. Eagers (ASX:APE) is pleased to announce that it expects a record Net Profit Before Tax result of $69.5 million for the half year to 30 June 2018.

This is compared to $68.1 million for the corresponding period of 2017, an increase of 2.1 per cent.

The final results are subject to completion of external audit review and will be released on 22 August 2018.

A.P. Eagers is Australia’s oldest listed automotive retail group.

Shares in A.P. Eagers (ASX:APE) up 1.22 per cent to $8.30.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.