)
Combined Motor (CMH) investor relations material
Combined Motor H1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 revenue rose 6.6% YoY to R8.101bn; headline earnings per share increased 18.6% to 261.0 cents.
Total profit and comprehensive income increased 12.7% to R185.545m, while operating profit rose 13.9% to R368.442m.
Trading faced intense vehicle-market competition and pressure from high fuel prices, inflation and household affordability; tough conditions are expected to continue.
Financial highlights
Revenue was R8.101bn, compared with R7.601bn in H1 2026; gross profit was R1.430bn versus R1.343bn.
Operating profit was R368.442m versus R323.542m; profit before taxation was R250.181m versus R216.277m.
Total profit and comprehensive income was R185.545m versus R164.595m; headline earnings were R181.233m versus R164.561m.
Basic EPS rose 21.5% to 267.3 cents and headline EPS rose 18.6% to 261.0 cents; weighted-average shares fell to 69.425m from 74.802m.
Outlook and guidance
Tough economic trading conditions are expected for the balance of FY2027; new vehicles are expected to remain oversupplied and highly competitive.
Manufacturers are expected to press dealers to clear inventory and defend market share; high fuel prices and possible further interest-rate pressure may strain consumers.
First Car Rental’s forward reservations book supports the summer season outlook; fleet-life optimisation is expected to help vehicle pricing in April/May 2027.
- H1 FY2027 EPS forecast to grow 20%–25% YoY to 264.0–275.0 cents per share.CMH
H1 2027 TU - Revenue and net income surged, with robust cash generation and a positive outlook.CMH
H2 2026 - Earnings dropped 32% year-over-year, but a 102c dividend was declared amid cautious optimism.CMH
H1 2025 - Revenue up, profits down; margin and market pressures persist, but cash position strong.CMH
H2 2025 - Earnings and revenue surged, enabling a major share repurchase and strong financial positioning.CMH
H1 2026
Next Combined Motor earnings date
Next Combined Motor earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage
)