InvestSMART

Stealth Group Holdings Ltd (ASX:SGI)

ALERT: Price-sensitive ASX Announcement for SGI
Current share price for SGI : $1.290 0.395 (44.13%)+
Announcement
Release
17 Jun 2026 8:20AM
Price at Release
$0.895
Full Release
download
Summary
Stealth Group Holdings Ltd (SGI) is reporting a strong financial performance and strategic growth, highlighted by the successful acquisition of Hardware & Building Traders (HBT). The company's FY26 preliminary unaudited results show significant increases in sales and profitability, with a record $165 million in sales, marking a 13.7% increase. The integration of HBT has expanded Stealth's network to approximately 1,200 stores and increased suppliers to 1,300, enhancing procurement scale and market reach. Stealth aims to achieve $500 million in annual sales by FY28, leveraging four strategic growth pillars: products and categories, stores and distribution networks, value-added solutions, and procurement scale. The company is on track to meet these targets, supported by organic growth, strategic partnerships, and exclusive product offerings.
Key Points
  • Record year of sales with $165 million (+13.7%)
  • EBITDA reached $14.3 million (+44.4%)
  • NPAT increased to $5.8 million (+87.1%)
  • Acquisition of HBT expanded store network to 1,200
  • FY28 target of $500 million in annual sales
  • Four strategic growth pillars defined
  • Stealth is Australia's leading independent distributor
  • Significant integration and synergy from HBT
  • Strategic expansion into new product categories
  • Expected sales growth from exclusive distribution agreements
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.