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Supply Network Limited (ASX:SNL)

ALERT: Price-sensitive ASX Announcement for SNL
Current share price for SNL : $33.810 2.705 (8.70%)+
Announcement
Release
24 Jul 2026 11:33AM
Price at Release
$31.105
Full Release
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Summary
Supply Network Limited's FY2026 Full Year Market Update highlights the company's ability to adapt to challenging conditions such as increased costs due to geopolitical unrest in the Middle East. Despite these challenges, the company has successfully added new customers and expanded its business. Significant investments in New Zealand, including a new branch and distribution centre expansions, have brought operations closer in line with Australian standards. The Australian operations have seen major IT upgrades and the integration of distribution centres, preparing for future growth. Planned expansions include new branch developments across Australia, aimed at improving service and capacity. The company's strategy involves capitalizing on the growing global aftermarket parts industry and enhancing coordination between its Australian and New Zealand operations.
Key Points
  • Challenges due to Middle East unrest affecting diesel and lubricant costs.
  • Successful customer additions and business expansion despite disruptions.
  • Significant investments in New Zealand to align with Australian operations.
  • Major IT system upgrades and distribution centre integrations completed in Australia.
  • Future growth plans include branch expansions and service improvements across Australia.
  • Collaboration with global leaders to explore aftermarket parts industry opportunities.
  • Revenue growth target of $50 million for FY2027.
  • Enhancement of coordination between Australian and New Zealand operations.
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.