Beacon Lighting Group (BLX) AGM 2025 Presentation summary

Strategic pillars of growth

• Store network aims to expand from 129 to 195 locations, focusing on service, product innovation, and VIP customer engagement.

• Trade program targets 50% of relevant sales by FY2028, with enhanced perks and partnerships for electricians, builders, and designers.

• E-commerce growth driven by 17 websites, digital transformation, and seamless integration between online and physical stores.

• Complementary businesses, including international sales and property investments, are delivering increased sales and profits.

• Innovative product development and international exhibitions support global expansion.

2030 stores network strategy

• Transitioning from a light retailer to Australia's leading provider of lighting and electrical accessories for both homeowners and trade professionals.

• Focus on creating a seamless, mutually beneficial experience for retail and trade customers.

FY2025 outlook and initiatives

• Store sales momentum moderated in late August and September, but trade sales remain strong.

• New store openings and refits planned, with ongoing store network optimization.

• Expansion of Australian-designed products into international markets.

• Continued rollout of the Beacon Team Share Plan.