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Stealth Group Holdings Ltd (ASX:SGI)

ALERT: Price-sensitive ASX Announcement for SGI
Current share price for SGI : $1.110 -0.17 (-13.28%)+
Announcement
Release
25 Feb 2026 1:02PM
Price at Release
$1.280
Full Release
download
Summary
Stealth Group Holdings Ltd announced their 1H FY26 results, showing robust financial performance with record sales of $82.2 million, up 11.8% from the previous year. The acquisition of Hardware & Building Traders (HBT) has significantly strengthened their position in the Australian market, creating the largest independent distribution group in the hardware and industrial sector. The company reports an increased EBITDA of $5.4 million, a net profit after tax of $1.6 million, and a cash balance that grew 212.5% to $32.5 million. The group's strategy focuses on leveraging their national distribution platform, enhancing procurement scale, and optimizing supplier agreements to drive significant growth. The balance sheet remains strong with low net debt, providing flexibility for future investments.
Key Points
  • Record sales of $82.2 million, an 11.8% increase.
  • Acquisition of Hardware & Building Traders (HBT) strengthens market position.
  • Increased EBITDA of $5.4 million and net profit after tax of $1.6 million.
  • Cash balance increased by 212.5% to $32.5 million.
  • Focus on leveraging national distribution platform and procurement scale.
  • Strong balance sheet with low net debt for future investments.
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.