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The strength of the result in March closed the 2015 Q1 NP%S to 2.5% - which was 0.5 percentage points above the 2014 Q1 position for the industry last year.
December was the most profitable month in the last quarter of the calendar year for the average Australian dealer with NP%S at 2.9%. Comparing year-on-year, average dealer profitability improved marginally in 2014 with a calendar year-to-date result of 1.9%.
Dealer profitability as measured by net profit as a percentage of sales (NP%S) was 2.6% for the average Australian dealer in January 2015. It was a good start to the 2015 year with a better result than January 2014’s 2.3%.