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Briscoe Group Australasia Limited (ASX:BGP)

ALERT: Price-sensitive ASX Announcement for BGP
Current share price for BGP : $3.800 -0.03 (-0.78%)+
Announcement
Release
11 Mar 2026 7:32AM
Price at Release
$3.830
Full Release
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Summary
The FY26 Addendum for Briscoe Group Australasia Limited outlines a robust financial performance for the year ending 25 January 2026, despite economic challenges. The company achieved record group sales of $798.8 million, with homeware and sporting goods segments both showing growth, and online sales exceeding 20% of total sales. Gross profit margin reduced slightly but strategic initiatives such as the development of new distribution centers, online platforms, and merchandise planning systems were noted. The NPAT reached $59.2 million, with controlled costs and strategic investment expenditures. The company continues to focus on customer satisfaction, sustainability, and enhancing retail experiences with the launch of a Rebel X flagship store and upgrades to their SAP ERP system planned. The addendum also highlights significant investments in supply chain transformation and technological advancements to support long-term growth.
Key Points
  • Record Group sales of $798.8 million.
  • Online sales exceeded 20% of total sales for the first time.
  • Gross profit margin slightly down to 39.23%.
  • Full Year NPAT of $59.2 million.
  • Strong control over store and overhead costs.
  • Significant strategic investments including new distribution centers.
  • Launch of a new Rebel X flagship store.
  • Ongoing development of new online platforms.
  • UPGRADES to SAP ERP system planned for 2026.
  • Focus on customer satisfaction and sustainability initiatives.
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.