c1738b48-8af8-40d8-911e-62f32c696720.pdf



27 January 2016


Company Announcements Office ASX Limited


Financial Result Update - 2015


A.P Eagers Limited (ASX:APE) is pleased to report that it will achieve a record profit result for the 2015 financial year.


The Company expects to report an underlying* Net Profit Before Tax of $126.4 million for 2015, compared to $106.2 million for 2014, which is an increase of 19%. The Statutory Net Profit Before Tax is expected to be $121.0 million compared to $102.8 million for 2014, an increase of 18%.


The final results are subject to completion of asset fair value assessments. Preliminary assessments indicate a likely $5.5 million non-cash impairment of the goodwill associated with the National Trucks division following another disappointing full year result for that division. This likely $5.5 million impairment is already reflected within the above $121.0 million figure.


The final results will be released on 24 February 2016, following completion of external audit review.


*Underlying excludes business acquisition costs, asset fair value adjustments and benefits from tax refunds associated with previous years' GST payments.


ENDS


For more information: Martin Ward

Managing Director & Chief Executive Officer (07) 3608 7100

www.apeagers.com.au


A.P. EAGERS LIMITED

ABN 87 009 680 013


Registered Office

80 McLachlan Street, Fortitude Valley, QLD, 4006

P.O. Box 199, Fortitude Valley, QLD, 4006

T (07) 3608 7100 F (07) 3608 7111

E corporate@apeagers.com.au

A.P. Eagers Limited issued this content on 27 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 January 2016 22:43:31 UTC

Original Document: http://www.apeagers.com.au/wp-content/uploads/2016/01/1518524.pdf