Brief: Bapcor Posts FY Statutory Loss Of A$158.3M

Bapcor

16/10/2024 01:40

Oct 16 (Reuters) - Bapcor Ltd  BAP.AX :
    * FY STATUTORY LOSS OF A$158.3M
    * FY REVENUE A$2.0 BILLION
    * COMPLETION OF PREVIOUSLY ANNOUNCED HEADCOUNT REDUCTIONS
HAS
OCCURRED
    * MANAGEMENT ACTIONS ARE EXPECTED TO DELIVER SAVINGS BETWEEN
A$20M-A$30M IN FY2025
    * EXITED OPERATIONS FROM QUARTER OF PLANNED WAREHOUSES
CONSOLIDATIONS TO OUR CENTRAL STATE BASED DISTRIBUTION CENTRES

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