Morningstar forecasts upbeat FY26 revenue growth for Australia's Supply Networks

Supply Network

26/10/2025 21:25

**  Morningstar forecasts bus and truck parts distributor Supply Network SNL.AX FY2026 revenue growth of ~15% to A$402 million ($261.22 million)

** Co on Friday said it is on track to achieve its target of growing fiscal 2026 revenues by A$50 million, or 14%

** Analysts see FY26 net profit growth of 21%, to about A$49 million; expect net profit margin expansion to about 14% by 2030 from last year's 11%

** However, says co's shares are expensive compared with fair value estimate of A$26

** Stock rated "hold" on avg by 4 analysts; their median PT is A$41.50 – according to data compiled by LSEG

** SNL up 11.9% YTD as of last close

($1 = 1.5389 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))