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A.P Eagers Today A.P. Eagers Limited is a pure automotive retail group with our main operations in south-east Queensland, Adelaide, Darwin, Melbourne, Sydney and the Newcastle/Hunter Valley region of New South Wales. We represent all ten of the top ten selling car brands in Australia, and 28 car brands in total. We also represent 12 truck and bus brands. Our core business consists of the ownership and operation of motor vehicle dealerships which provide full facilities covering new motor vehicle sales, used motor vehicle sales, service, spare parts and the facilitation of allied consumer finance. To complement our vehicle dealerships, we also operate a substantial motor vehicle auction business, Brisbane Motor Auctions, based at Eagle Farm, Queensland. Our operations are generally provided through strategically clustered dealerships, 65% of which are situated on properties owned by us. We own more than 70 acres of prime real estate supporting our dealership network. These properties are largely positioned in high profile, main road locations in Brisbane, Sydney, Adelaide, Newcastle and Darwin, with a book value of $321 million as at December 2010. With approximately 2,900 employees and 4,000 shareholders, our sales revenue is running at close to $2.4 billion per annum. DividendsWe have paid a dividend to shareholders every year since listing in 1957. OriginsA.P. Eagers Limited originated with the company E.G. Eager & Son Pty Ltd, which was a family automotive business established by Edward Eager and his son, Frederick, in Brisbane in 1913 and which continues today as a wholly-owned subsidiary of A.P. Eagers Limited. After establishing the first motor vehicle assembly plant in Queensland in 1922, we became the distributor of General Motors’ products in Queensland and northern New South Wales in 1930 and listed as a public company in April 1957. GrowthA merger in 1992 with A.P. Group Ltd, which owned a number of new vehicle franchises, saw our name change to A.P. Eagers Limited. Since that time further motor vehicle franchises have been added and growth has continued. Our operations expanded into the Northern Territory with the acquisition of Bridge Toyota in 2005 and Hidden Valley Ford and the Stuart Motor Group in 2006. In 2007, we established ourselves on the Gold Coast with the acquisition of Surfers City Holden, Saab and Hummer. The addition of the Kloster Motor Group in the Newcastle/Hunter Valley region in 2007 heralded our advance into New South Wales. Our operations in that state were extended with the acquisition of the Bill Buckle Auto Group in the Northern Beaches region of Sydney in 2008. In early 2010, we acquired the Caloundra City Autos Group, representing five car brands on two prime sites in Queensland’s growing Sunshine Coast region. We acquired 100% ownership of the publicly listed Adtrans Group Limited in late 2010. This represented our direct entry into the South Australian and Victorian markets, with Adtrans being the premier automotive retailer in South Australia and, at the time of announcing our acquisition, operating seven car brands and eight truck and bus brands across three states - South Australia, Victoria and New South Wales. Following our acquisition, Adtrans now represents ten car brands and twelve truck and bus brands.
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A.P. Eagers Limited - ABN 87 009 680 013 80 McLachlan Street / PO Box 199 Tel: (07) 3248 9455 Fax: (07) 3248 9459 |
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