The group’s luxury automotive distribution business has remained relatively stable over the years. More recently, we have also seen rising demand for our luxury automobile as funds are diverted from travel to fancy cars. Thus, we are optimistic that this segment will continue to grow and provide revenue stability to the group.
1. What are the key drivers of EuroSports’ growth over the medium to longer term?
Established in 1998, EuroSports Global specialises in the distribution of ultra-luxury and luxury automobiles, and the provision of aftersales services. Among its businesses, EuroSports is the sole authorised dealer for Lamborghini in Singapore and Indonesia, the exclusive importer and distributor for Alfa Romeo in Singapore, and the exclusive distributor for Touring Superleggera in Singapore, Malaysia, Brunei and Indonesia. The company’s subsidiary, EuroSports Technologies, is developing a smart electric motorcycle under the Scorpio Electric brand.
