Automotive Holdings Group Limited announced audited consolidated and parent earnings results for the year ended June 30, 2018. For the full year, on consolidated basis, the company reported revenue of AUD 6,474,053,000 against AUD 6,106,064,000 a year ago. Profit before income tax was AUD 52,327,000 against AUD 89,994,000 a year ago. Profit from continuing operation was AUD 37,792,000 against AUD 61,093,000 a year ago. Profit attributable to owners of the company was AUD 32,639,000 against AUD 55,539,000 a year ago. Basic and diluted earnings per share of 9.8 cents against 17 cents a year ago. Net cash inflow from operating activities was AUD 147,309,000 against AUD 140,938,000 a year ago. Payment for property, plant and equipment was AUD 80,060,000 against AUD 101,696,000 a year ago. Non-IFRS EBITDA was AUD 208,000 against AUD 216,000 a year ago. Non-IFRS EBIT was AUD 155,500 against AUD 169,000 a year ago. Net debt was AUD 283,900 against AUD 258,700 a year ago.

For the full year, the company reported profit was AUD 82,612,000 against AUD 80,959,000 a year ago. Total comprehensive income for the year was AUD 83,356,000 against AUD 81,596,000 a year ago.

The company declared a fully franked final dividend of 6.8 cents per share was declared, taking the full year dividend to 16.3 cents per share, a decrease of 2.7 cents (14.2%), payable on October 9, 2018.

The company announced resignation of Paul Morris as chief operating officer of franchised automotive, effective October 31, 2018.