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Brief: Bapcor Posts FY Net Income Pro Forma AUD -431.6 Million

BRIEF-Bapcor Posts FY Net Income Pro Forma AUD -431.6 Million

- Bapcor Limited BAP.AX:

  • FY NET INCOME PRO FORMA AUD -431.6 MILLION

  • FY ADJUSTED EBITDA AUD 152.5 MILLION

  • SALES FOR THE FIRST SIX WEEKS OF FY27 ARE SLIGHTLY AHEAD OF THE PRIOR COMPARATIVE PERIOD

  • FY UNDERLYING REVENUE A$1,924.1 MILLION

  • NO DIVIDEND DECLARED AS CASH IS BEING PRIORITISED TO SUPPORT THE TURNAROUND

  • UNDERLYING NPAT IS EXPECTED TO BE MATERIALLY WEIGHTED TO THE 2H27

  • MODEST REVENUE GROWTH IS EXPECTED IN FY27

  • MIDDLE EAST CONFLICT RELATED PRESSURES MODERATING BENEFITS OF TURNAROUND INITIATIVES IN FY27

  • FY27 CAPITAL EXPENDITURE AND DEPRECIATION AND AMORTISATION EXPECTED TO BE IN LINE WITH FY26 LEVELS


Further company coverage: BAP.AX


((reuters.briefs@thomsonreuters.com;))

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