Financial Data and Key Metrics Changes - Total revenue for FY 2025 was just under $2.5 billion, slightly ahead of FY 2024, driven by a decline in the new car market but mitigated by strong performance in used cars, finance and insurance, and service [3][19] - EBITDA was just over $110 million, with underlying profit before tax of $22.3 million, in line with guidance [3][19] - Net debt decreased to $46.7 million, down $14 million from the previous year, with a net debt to property ratio of 20% [4][27] Business Line Data and Key Metrics Changes - Used vehicle sales increased by 14% to 9,702 units, offsetting declines in new car sales [20] - Service and parts revenue grew to $422 million, up 4% from the previous year [20] - New car margins decreased by 0.8 percentage points from 16.9% to 16.1%, but margins in other service lines remained favorable [22][25] Market Data and Key Metrics Changes - The new car market remains highly competitive with an influx of new brands, leading to margin pressures [9][29] - Chinese brands now represent around 20% of the company's brand portfolio, with significant consumer acceptance noted [6][70] Company Strategy and Development Direction - The company aims to be Australia's most valued automotive group, focusing on innovation, customer centricity, organic growth, and acquisitions [12][13] - Emphasis on improving efficiencies through technology, including automation and AI, to enhance customer service and operational performance [15][18] - The strategy includes a balanced approach to managing used cars, service, parts, and finance to mitigate risks associated with new car market fluctuations [10][29] Management's Comments on Operating Environment and Future Outlook - Management noted that the automotive industry is undergoing significant transformation, with a focus on adapting to new vehicle emission standards and increasing competition [8][9] - The outlook for FY 2026 includes expectations for continued growth in higher-margin service lines and a stable new car market [29][30] - Management expressed confidence in the company's ability to grow earnings and maintain a strong performance culture [30][33] Other Important Information - The company successfully reduced new vehicle inventory from $382 million to $351 million, reflecting disciplined inventory management [5] - A fully frank final dividend of $0.04 per share was declared, bringing the total dividend for the year to $0.56 per share [27][28] Q&A Session Summary Question: What drove the stronger used car sales performance? - Management highlighted the focus on acquiring the right level of stock and maximizing opportunities in used car sales [37][38] Question: How much of the OpEx improvement came from lower commissions? - A significant portion of the OpEx reduction was attributed to lower commissions, with expectations for continued cost savings in FY 2026 [40][42] Question: What is the business performance outlook for the first seven weeks of FY 2026? - Management indicated that gross margins have remained stable at 16.1%, with a slight increase in overall market activity [43][44] Question: Have gross margins found a sustainable base? - Management confirmed that margins have stabilized and are expected to remain consistent into FY 2026 [48][49] Question: What is the outlook for new vehicle sales and OEM responses? - Management noted that several OEMs are releasing new models, which should positively impact sales, with stable order rates observed [56][60] Question: Can you provide details on the new Chinese brands onboarded? - The company currently represents brands such as LDV, MG, and GWM, with positive market reception noted [67][70]

For personal use only | y l | | --- | | n | | o | | e | | s | | u | | l | | a | | n | | o | | s | | r | | e | | p | | r | | o | | F | FY25 Results Overview al use only FY25 Financial Overview Underlying PBT delivered in line with guidance PBT" EBITDA" 68) personal use or Revenue 8 $110.1m S2.483m S22.3m 4.0c FY24: $2,475m FY24: $135.0m FY24: $56.8m FY25 Interim: 1.6c v H1HY25 car inventory S229m 46 7m S 55 m FY24: $383m FY24: $60.7m NTA of $1.42 per share Impact of cost reductions (1) EBITDA and PBT are und ...

Core Insights - Group 1 Automotive, Inc. has recently acquired Mercedes-Benz of South Austin and will celebrate the grand opening on August 18, 2025 [1][4] - The dealership features a next-generation layout emphasizing luxury and modern customer experience, spanning 80,000 square feet with 40 service bays and 28 EV charging stations [3] Company Overview - Group 1 operates 259 automotive dealerships, 324 franchises, and 39 collision centers across the U.S. and the U.K., offering 36 automobile brands [6] - The company engages in selling new and used cars, arranging vehicle financing, and providing maintenance and repair services [6] Event Details - The grand opening event will include a ribbon-cutting ceremony at 5:45 p.m. and main festivities from 6:00 to 8:00 p.m. [4] - Key executives, including Group 1 President and CEO Daryl Kenningham and Mercedes-Benz USA CEO Adam Chamberlain, will attend the event [4] Community Engagement - Group 1 has a philanthropic commitment, exemplified by a $10,000 donation to the Abigail E. Keller Foundation, supporting medically fragile and terminally ill children [5]

Financial Data and Key Metrics Changes - The company reduced general and administrative expenses by nearly 50% compared to Q1 of the previous year, reflecting stronger operational discipline [13] - A $3,500,000 line of credit was secured from Core Capital Partners, providing additional financial flexibility [14] Business Line Data and Key Metrics Changes - The iSky platform was officially launched, generating strong early traction across multiple industries, indicating a positive market response [7] - The partnership with Swiss Life Global Solutions aims to deliver secure generative AI solutions across its global network, highlighting the platform's versatility [8] Market Data and Key Metrics Changes - The automotive sector is showing promise, with strong relationships established with OEMs and dealership networks, indicating potential for rapid pilot-to-production conversions [20][21] - The company is also expanding into healthcare and life sciences, with expectations for pilots to convert into production deployments [20] Company Strategy and Development Direction - The company is focused on executing its strategy of delivering practical, scalable AI solutions and expanding into new verticals [12] - The acquisition of Catanelle is expected to transform the ad tech industry, allowing brands to manage their entire customer journey [11][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the traction being seen and the positioning of the company for continued growth [12] - The CEO emphasized excitement about upcoming opportunities and the company's progress in the market [28] Other Important Information - The company is preparing to integrate the planned acquisition of Catanelle, which is expected to enhance product capabilities and financial foundation [15] Q&A Session Summary Question: What contributed to revenue in the quarter? - All pilots are paid, contributing to revenue, although not significantly yet [18][19] Question: Visibility into collaborations leading to production contracts? - Anticipation of conversions to production deployments in healthcare and life sciences, with optimism in the automotive space [20] Question: Clarification on automotive rollout status? - Finalizing rollout with high-value use cases tested and demoed to dealerships, with pilot deployments in progress [23][24]

Core Viewpoint - The Consumer Attorney Law Firm has initiated legal action against Huntington Beach Ford and Bakhtiari Automotive Group, alleging deceptive business practices, a hostile work environment, and abusive management under store manager Omar Zeola, based on employee and consumer accounts [1][2][4]. Group 1: Allegations of Misconduct - Allegations include coerced five-star reviews, where sales representatives pressured customers to leave positive reviews in exchange for rebates and incentives [7][11]. - Reports of a toxic workplace environment have emerged, with former employees citing harassment, retaliation, and abusive management behavior, including public humiliation and intimidation [7][11]. - Deceptive rebate practices are alleged, including promises of rebates that were not delivered and potential falsification of manufacturer information [7][11]. Group 2: Management Issues - Current employees have reported significant management instability, with high turnover rates among service managers due to internal conflicts with Omar Zeola [5]. - Accounts of aggressive and controlling behavior by Zeola have been shared, indicating a challenging work environment where employees feel intimidated [4][5]. - Attempts to contact Oscar Bakhtiari, the owner of Bakhtiari Automotive Group, regarding these allegations have reportedly gone unanswered, raising concerns about management's commitment to addressing the issues [3]. Group 3: Legal Proceedings - The ongoing legal case aims to hold Huntington Beach Ford and its leadership accountable for the alleged practices, with the Consumer Attorney Law Firm committed to uncovering the full extent of the issues [8]. - The firm encourages consumers, former employees, and vendors who have experienced any of the alleged practices to come forward and share their stories [8].

Core Perspective - Atamian Honda celebrates its 50th anniversary, marking a significant milestone in its history as a trusted automotive dealership in Massachusetts [1][4]. Company Overview - Founded in 1976 by Terry Atamian, Atamian Honda started as a family-run business focused on honesty, quality, and personalized service [4]. - Under the leadership of President Reed Atamian, the dealership has evolved into a modern enterprise while maintaining its foundational values [4]. Community Engagement - The dealership has built strong relationships with families over five decades, emphasizing trust and community support [5]. - Atamian Honda has a history of philanthropy, contributing to various local organizations and initiatives, including the Juvenile Diabetes Foundation and local youth sports [7]. Anniversary Celebrations - To commemorate its 50th anniversary, Atamian Honda will host a year-long series of events, including sales promotions and customer appreciation activities [6]. - The dealership will recognize long-serving employees and honor the legacy of its founder, Terry Atamian [6]. Future Outlook - As Atamian Honda enters its sixth decade, it aims to adopt the latest automotive technologies and enhance customer experiences through innovation [9]. - The company remains committed to its core values of quality, transparency, and community service while looking forward to future developments in the automotive industry [9][10].