Amotiv is trading down 10.28% at A$5.06 after its October 27 trading update lowered its FY27 outlook.

  • Q1 like-for-like group revenue was 5% below the prior-year period, with subdued new-vehicle and pickup sales and Thailand flooding disrupting OEM production cited as key pressures.
  • FY27 revenue and underlying EBITA, excluding VAFI, are now expected to be up to 5% lower than FY26 continuing operations.
  • Amotiv also announced an on-market buyback of up to 5% of shares.