Australia's Bapcor slumps to decade-low on lower HY earnings forecast

Bapcor

20/10/2025 24:56

** Shares of Bapcor BAP.AX fall as much as 21.5% to A$2.49, hitting their lowest level since February 13, 2015

** Stock set for weakest trading session since July 24, if current losses hold

** BAP the worst performer on the ASX 200 benchmark .AXJO

** Auto parts retailer sees 1H26 stat NPAT in range of A$3 mln ($1.95 mln) to A$7 mln excluding potential 1H26 impairment associated with New Zealand segment, compared with A$40.8 mln reported last year

** Says 1H earnings will be hit by ~A$12 mln (pre-tax) relating to non-recurring margin impacts, as well as stocktake variances and stock adjustments

** About 2 mln shares change hands, 1.6x the 30-day average

** Stock last down 14.5%, taking YTD losses of 42.6%

($1 = 1.5387 Australian dollars)

 (Reporting by Shivangi Lahiri in Bengaluru)

 ((shivangi.lahiri@thomsonreuters.com))