The group also reported a record gross profit of $589.7 million, up 15 per cent, and net profit before tax of $53.5m, up 11.1 per cent.

New vehicle order books swelled by 20 per cent during FY26 compared with FY25 as electrified vehicle sales surged, the company said.It notes that its new vehicle order bank has increased 290 per cent since June 30, 2025 and is expected to slow in the second half of the current financial year as EV supply catches up with demand.

Autosports also reported prestige and luxury segments remained resilient through FY26 with the most significant development being the “accelerated adoption” of EVs because of the war and the “wave” of new entrants to the market.

“The accelerated adoption of EVs drove a record order write for the group, with new-vehicle order write up 20 per cent on the prior corresponding period, ahead of new-vehicle revenue growth of nine per cent as EV demand left the group under-supplied with stock in the final quarter of FY26,” the company said in its report to the Australian Securities Exchange (ASX).

Autosports’ vehicle service and parts divisions also delivered consistent growth, up 16 per cent and 22 per cent respectively on the previous corresponding period.

In its outlook, the company said it started FY27 with positive momentum as it opened Mercedes-Benz Southport in the Gold Coast on July 1, 2026.

It also opened two greenfield Omoda Jaecoo dealerships and two greenfield Xpeng dealerships in Sydney in August and September “adding quality premium and luxury tech OEMs to Autosports Group’s portfolio”.

In the ACT, the company said its property acquisition in the suburb of Phillip was expected to be completed in October this year to further support the company’s newly-established Canberra operations.

By Neil Dowling