Crash repairer AMA Group has retained its full-year earnings guidance despite lower work volumes in the first quarter.

The group has reported revenue of $273.2 million for the quarter, up from $256.4 million a year earlier.

Unaudited normalised earnings before interest, tax, depreciation and amortisation on a pre-Australian Accounting Standards Board 16 basis increased 36% to $20.1 million.

“AMA Group maintains FY26 guidance, with … normalised pre-AASB 16 EBITDA expected to be in the range of $70-$75 million,” the first-quarter report says.

At today’s annual general meeting, group MD Ray Smith-Roberts said the Capital Smart business “performed ahead of expectations in FY25, reflecting improved site efficiency and utilisation, a higher severity and complexity of repairs, and additional repair capacity from site transitions completed in FY24.  

“[The first quarter] has performed comparably to Q1 ’25 on lower volumes with continued evolution in the complexity of repairs being experienced.

“However, we are seeing a trend to lower volumes as we exited Q1 ’26.” 

The AMA Collision business has had “volume challenges” that “impacted on the performance of some sites”, with Victoria worst hit. 

“We are continuing to focus on network optimisation, which includes investment in vehicle repair capability, staff capability and capacity, and customer experience, with existing sites being the highest priority and where we continue to put significant energy.”

Mr Smith-Roberts says the group is still exploring options for the ACM Parts business.

“With the business continuing to improve underlying performance, we will be patient in seeking the right outcome.”