Anyone who has watched a TV over the last few months has undoubtedly encountered “Tina from Turners” and on Wednesday 28th February we were joined by Todd Hunter and Aaron Saunders, the CEO and CFO from Turners for an investor update.
Turners have grown steadily over the years to become New Zealand’s largest second-hand car retailer and have expanded into vehicle financing as well. With a history of increasing profits, an excellent dividend yield with quarterly payments, and their recent escalation into the NZX50 index the prospects for the business remain good. Todd and Aaron presented their strategy, prospects, and answered questions at a well-attended session in the Novotel. We are currently arranging for our next Investor update and will be in contact to let you know the dates and times.