Peter Warren profit hike

Summary: Peter Warren Automotive’s pre-tax profit surged nearly 100% to $11.9 million in the first half of FY26, compared to $6 million in FY25. Revenue rose 3.2% to $1.268 billion, driven by robust used-car sales and contributions from service and finance. The company reduced net debt by 26.6% to $61.5 million. PWR CEO Andrew Doyle highlighted the successful acquisition of Wakeling Automotive, expected to boost revenue by 20%.

Brands mentioned: Chinese brands, Peter Warren Automotive, Wakeling Automotive