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Bapcor Limited (ASX:BAP)

ALERT: Price-sensitive ASX Announcement for BAP
Current share price for BAP : $0.455 -1.895 (-80.64%)+
Announcement
Release
9 Dec 2025 8:29AM
Price at Release
$2.350
Full Release
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Summary
Bapcor Limited has updated its financial guidance for the first half (1H26) and full year (FY26) of the financial year 2026. The company experienced weaker trading performance in October and November, particularly in the Trade segment, leading to a forecasted statutory net profit after tax (NPAT) loss between $8 million and $5 million for 1H26. This decrease is partially due to price reductions aimed at increasing market share, which impacted margins temporarily. The Retail segment showed growth, with a 1.3% revenue increase driven by Black Friday sales. One-off and non-recurring items, including restructuring costs and the impact of a tools and equipment business review, contribute to these results. For FY26, statutory NPAT is expected to range from $31 million to $36 million, excluding potential impairments related to the New Zealand segment. The company anticipates improvements in 2H26 due to operational enhancements and savings initiatives, projecting $20 million in pre-tax savings. Bapcor maintains strong lender relationships and is adjusting its strategies to navigate ongoing challenges.
Key Points
  • Bapcor updates 1H26 and FY26 guidance.
  • Weaker trading in October and November, particularly in Trade.
  • 1H26 statutory NPAT expected loss of $8M-$5M.
  • Retail segment shows 1.3% revenue growth.
  • One-off items include $15M pre-tax from tools and equipment review.
  • FY26 statutory NPAT expected between $31M and $36M.
  • Improvement in 2H26 anticipated due to operational strategies.
  • Bapcor maintains positive lender relationships.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.