Eagers Automotive has a long and proud history in Australia operating within the automotive industry that extends for over 100 years.
EA has shown resilience and innovation throughout the ever changing automotive landscape while being true to its heritage and has seen the company grow to what it is today; the number one oldest listed automotive retail group in the country.
The recent acquisition of Automotive Holdings Group (AHG), has moved the business into a position of opportunity to further distance itself from competitors. Eagers Automotive Limited is a pure automotive retail group with over 250 locations throughout Australia and New Zealand.
We represent a diversified portfolio of automotive brands, including all 19 of the top 20 selling car brands in Australia and 9 of the top 10 selling luxury car brands. In total, we represent almost 30 car brands and 10 truck and bus brands. In addition our dealership locations service over 1 million vehicles across Australia and New Zealand per year.
Our business consists of the ownership and operation of motor vehicle and truck dealerships. We provide full facilities including the sale of new and used vehicles, service, parts, aftercare and the facilitation of allied consumer finance.
Our operations are typically provided through strategically clustered dealerships, many of which are situated on properties owned by us, with the balance leased.
We own over $300 million of prime real estate positioned in high profile, main road locations in Brisbane, Sydney, Melbourne and Adelaide.
Dividends and EPS Growth
A dividend has been paid to shareholders every year since listing in 1957, and in many cases a record dividend each consecutive year. We have a track record of delivering Earnings Per Share (EPS) growth from acquisitions.
Eagers’ origins trace back to 1913 when Edward Eager and his son, Frederic, founded their family automotive business, E.G. Eager & Son Ltd, which continues today as a wholly-owned subsidiary of Eagers Automotive Limited.
After establishing the first motor vehicle assembly plant in Queensland in 1922, the business secured the distributorship of General Motors’ products in Queensland and northern New South Wales in 1930 and listed as a public company in 1957 under the name Eagers Holdings Limited.
A merger in 1992 with the listed A.P. Group Limited saw the addition of a number of new franchises and our name change to A.P. Eagers Limited. Further new franchises and geographic diversification followed.
In 2019 we celebrated the amalgamation of AP Eagers Limited (APE) and Automotive Holdings Group (AHG) coming together to become one connected entity now named Eagers Automotive Limited – and as a result have entered into our next chapter with a sense of purpose and as a stronger, and united team striving toward our shared common goal of success.
With the merger in 2019 with AHG, Eagers Automotive has grown substantially to be the number one automotive group in Australia which includes significant presence in every state and additional locations within New Zealand.
EA has commenced the design phase for our automotive retailing and mobility hub which will be set on over 90000m2 of land in Brisbane Airport’s new $300 million BNE Auto Mall. The Automall precinct will provide a world-class automotive retailing experience for our customers of the future. By investing in world leading projects like the Brisbane Auto Mall and race track precinct set to launch in 2023 will catapult us to the next level of automotive retailing.
We are also developing multi-brand service facilities with mobile applications to support our dealerships, expanding the footprint of our national used car brand EasyAuto123, and will be introducing our own Car Subscription Service as an alternative to car ownership, alongside innovative finance solutions – all of which are investments in our company’s future and will see us transform the automotive experience – raising the bar even further for our competition.