Beacon Lighting Group (BLX) AGM 2026 presentation summary

2030 store network strategy

• By 2030, target Australia’s leading lighting, fan and electrical accessories destination, with a balanced 50/50 sales mix serving homeowners and trade professionals.

• Store network research identified potential for 217 Australian stores; current network is 130 stores, comprising 129 company-operated and one franchised.

• FY2026 openings included Auburn, Millers Junction and the purchase of the St Kilda franchise; Caloundra opened in FY2027.

• More than 870 store team members include 347 Accredited Lighting Design Consultants; over 20% of the core range is refreshed with new products each year.

Trade and ecommerce

• Trade is a significant growth opportunity, with progress toward 50% of relevant sales by 2028; direct trade and referral sales grew through Q1 FY2027.

• Trade member benefits include a 2% Beacon Cash rebate, trade pricing and monthly perks; MFL Axis and MFL Forge received two Australian design awards.

• New retail and trade websites followed a major re-platforming; same-day delivery is available in major metropolitan markets and in-store click and collect within one hour.

Complementary businesses

• International operations benefited from a hot Northern Hemisphere summer; Connected Light Solutions secured a state-based contract to replace streetlights with energy-efficient LEDs.

• Commercial and Masson For Light had improved sales and profits at the start of FY2027.

• Following the Hawthorn property acquisition, the Large Format Property Fund owns ten retail properties, with a 50% interest held by the group; its FY2027 Coffs Harbour project is a store development.