The Eagers Automotive 2026 trading update forecasts record full-year revenue and underlying profit before tax, supported by the group’s Australian dealership operations, Canadian expansion and growing pre-owned vehicle business.
In an ASX announcement released on 5 November 2026, Eagers Automotive forecast full-year revenue of $17.3–$17.5 billion, representing growth of at least 30% compared with 2025.
The company also expects to achieve an underlying return on sales of 2.8–3.0%, despite challenging trading conditions across the Australian automotive retail sector.
Eagers Automotive 2026 Trading Update: Key Figures
The group’s latest forecast highlights the increasing contribution of its international operations alongside its established Australian dealership network.
Key figures include:
- Forecast revenue: $17.3–$17.5 billion
- Revenue growth: At least 30% year-on-year
- Underlying return on sales: 2.8–3.0%
- CanadaOne Auto contribution: Approximately 30% of expected group revenue
- Australian plug-in new energy vehicle market share: 31% during the first half of 2026
The revenue and profitability figures remain forecasts rather than final full-year results.
CanadaOne Auto Exceeds Expectations
Eagers Automotive reported that CanadaOne Auto delivered third-quarter performance above expectations, providing an increasingly important contribution to the group’s operations.
The Canadian business is expected to account for approximately 30% of Eagers Automotive’s full-year revenue.
The company also indicated that further North American growth opportunities are well progressed, suggesting international expansion will remain an important part of its business strategy.
CanadaOne’s performance is particularly significant given the more difficult operating conditions reported across the Australian automotive retail market.
Australian Dealership Operations and easyauto Expansion
Eagers continues to maintain a substantial presence across Australia’s automotive retail sector, supported by an extensive franchise portfolio and its expanding pre-owned vehicle operations.
During the first half of 2026, the company reported a 31% share of Australia’s plug-in new energy vehicle market, reflecting its exposure to manufacturers competing in the growing electrified vehicle segment.
The group is also continuing to develop easyauto, its national pre-owned vehicle business.
Eagers intends to leverage its existing dealership network, vehicle supply and growing new vehicle market share to support the expansion of easyauto.
The development of its pre-owned operations provides another avenue for growth alongside traditional franchised vehicle sales.
Record Revenue Forecast Despite Challenging Conditions
The positive full-year outlook comes against a difficult backdrop for Australian automotive retailers.
Eagers identified several industry-wide challenges, including elevated interest rates, inflation, higher fuel prices and increasing operating costs.
These factors continue to influence consumer sentiment and place pressure on dealership profitability.
Despite these conditions, the group expects to significantly outperform the broader industry in underlying return on sales.
Its forecast remains subject to third-quarter trading conditions continuing throughout the remainder of 2026.
What the Eagers Automotive Results Mean for the Industry
The changing Australian automotive market is also evident in the October 2026 VFACTS results, which highlighted continued growth among Chinese manufacturers and electric vehicles.
The Eagers Automotive 2026 trading update highlights the growing importance of business diversification within large automotive retail groups.
While traditional dealership operations remain central to the business, international expansion and pre-owned vehicle operations are becoming increasingly important contributors to growth.
For Australia’s automotive industry, the announcement also demonstrates how dealership groups are responding to changing vehicle demand, evolving manufacturer relationships and increasing pressure on retail margins.
Eagers’ performance will be closely watched as the industry moves towards the end of 2026.
The group’s forecast of record revenue and underlying profit before tax reflects the increasing scale of its operations, even as Australian automotive retailers continue to face challenging market conditions.
Source: Eagers Automotive ASX trading update, 5 November 2026.
