Super Cheap Auto Group announces 18.4% increase in full year net profit after tax. Super Cheap Auto Group (ASX:SUL) today announced an 18.4% increase in net profit after tax to $38.1 million for the 53 weeks to 3 July 2010.

Subject to the finalisation of end of year accounting entries, Super Cheap Auto Group Limited (ASX: SUL) expects to achieve net profit after tax for the 53 weeks to 3 July 2010 in the vicinity of $38 million. The Company’s profit in the prior comparative period was $32.1million.

Super Cheap Auto Group Limited (the “Company”) yesterday evening successfully completed its acquisition of Ray’s Outdoors announced to the market on 27 April 2010.

Development of the Leisure Retail Business Acquisition of Ray’s Outdoors • Super Cheap Auto Group agrees to acquire Ray’s Outdoors for an enterprise value of $54.0 million (see footnote 1) • Combined with BCF, Ray’s Outdoors will form part of Super Cheap Auto Group’s market leading “Leisure Retail” business • Transaction to be equity funded through a fully underwritten institutional placement and a non-underwritten share purchase plan

Super Cheap Auto Group Limited (ASX:SUL) today announced a 14.5% increase in net profit after tax to $15.5 million for the 26 week period to 26 December 2009.

Since the last trading announcement at the Group’s annual general meeting in October 2009, the Group has continued to trade strongly ahead of the prior comparative period.

Super Cheap Auto Group Limited (ASX: SUL) announced today that sales for the 17 weeks to 24 October 2009 had grown by 16.1% over the prior year’s comparative period.

Super Cheap Auto Group Limited (ASX:SUL) today released its results for the 52 weeks to 27 June 2009, reporting a 25% increase in net profit after tax to $32.1m.Super Cheap Auto Group Managing Director Mr Peter Birtles said 2008/09 had been very successful, with the business delivering the highest rate of like for like sales growth since the introduction of GST.

Since Super Cheap Auto Group’s last trading announcement on 8 May 2009, the Group has continued to achieve strong sales growth in its two major businesses – Supercheap Auto and BCF. Subject to the finalisation of end of year accounting entries, the Group is forecasting that Group Net Profit After Tax for the 52 weeks to 27 June 2009 will be in the vicinity of $32m. (Prior comparative period - $25.8m.) The Group’s performance highlights the benefit of our continued investment in growing our businesses.

With a market capitalisation that has increased by $77 million since January and double-digit sales growth figures for two of its brands, Super Cheap Auto Group is driving on. As customers seek affordable goods, managing director Peter Birtles tells Brisbane Business News how his company's product range is not just suited to downturns, but upturns as well.

Volunteer State Emergency Services (SES) will receive a major boost this Sunday when Boating Camping and Fishing (BCF) announces the state’s first community sponsorship agreement.

Super Cheap Auto Group Limited (ASX:SUL) today announced its results for the 26 weeks to 27 December 2008, reporting a 9% increase in net profit after tax to $13.6m.

Supercheap Auto has today unveiled its landmark "Supercheap Auto – DriveSafe" driver education course, aimed at improving motorists' driving habits and reducing the country’s number of road accidents.

Supercheap Auto took out the retail industry's top honour at the prestigious Australian Retailers Association (ARA) awards.

Supercheap Auto cleared the floor with major wins at the prestigious National Retail Association (NRA) 2008 Rewards for Excellence Gala Dinner, held in Sydney last week.