Prime Mover Magazine


AHG off to promising start

  • Posted on Thursday 16th, March 2017.

Western Australia’s Automotive Holdings Group (AHG) first half results saw group revenue grow 7.6 per cent to $2.959 billion, but had to report a 85 per cent decrease in operating profit over the previous half year across its refrigerated division.

According to AHG, the drop was attributed to the ongoing transformation of these operations and “in line with management’s expectations”, the company said in a statement.

The company’s ‘Other Logistics’ division delivered a 133.9 per cent increase in operating profit to $1.7 million.

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