Supply Network (SNL) investor relations material

Executive summary

• Revenue grew 15.4% year-over-year to $403.7m, with net profit after tax up 19.0% to $47.6m and EPS rising to 109.0 cents.

• Growth was broad-based across geographies, customer segments, and product groups, despite macroeconomic challenges and supply disruptions in the Middle East.

• Major investments included new branches, IT system upgrades, and integration of Australian and New Zealand operations.

• The company maintained a strong financial position with net assets of $160.5m and net cash of $17.9m.

Financial highlights

• Revenue from ordinary activities increased 15.4% to $403.7m compared to FY2025.

• Net profit after tax rose 19.0% to $47.6m, with EBIT up 18.8% to $69.4m and EBITDA up 17.9% to $81.1m.

• Profit after tax margin improved to 11.8% (up 0.3pp year-over-year).

• Basic EPS increased to 109.0 cents (from 92.9 cents), and dividends paid or declared totaled 80.0 cents per share.

• Net tangible asset backing per share rose to $3.67 (from $3.18).

Outlook and guidance

• Targeted revenue growth of $50m for FY2027, with half expected from market growth and half from market share gains.

• Continued investment in network expansion, IT systems, and customer service to support growth.

• Positive long-term outlook for the aftermarket truck and bus parts industry, estimated to grow at 7% p.a.