SG Fleet Group (ASX:SGF) Full Year 2024 Results
Key Financial Results
- Revenue: AU$1.13b (up 7.0% from FY 2023).
- Net income: AU$89.7m (up 6.7% from FY 2023).
- Profit margin: 8.0% (in line with FY 2023).
- EPS: AU$0.26 (up from AU$0.25 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SG Fleet Group Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%.
The primary driver behind last 12 months revenue was the Australia segment contributing a total revenue of AU$848.4m (75% of total revenue). The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to AU$223.5m (39% of total expenses). Explore how SGF's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Australia.
Performance of the Australian Commercial Services industry.
The company's shares are down 8.3% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with SG Fleet Group (including 1 which is significant).
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ASX:SGF
SG Fleet Group
Provides motor vehicle fleet management, vehicle leasing, short-term hire, consumer vehicle finance, and salary packaging services in Australia, New Zealand, and the United Kingdom.
Very undervalued average dividend payer.
