Supply Network (SNL) AGM 2026 presentation summary

FY26 performance

• Sales revenue $403.1m (FY25: $348.8m); EBIT $69.4m (FY25: $58.4m); NPAT $47.6m (FY25: $40.0m).

• Basic EPS 109.0c (FY25: 92.9c); NPAT margin 11.8% (FY25: 11.4%); total dividends paid 74.0cps (FY25: 65.0cps).

• Sales revenue rose 17.2% in Australia and 12.2% in New Zealand in NZ$ terms; return on average total equity was 31.9% (FY25: 33.2%).

• Five-year figures show FY26 revenue of $404m, EBIT of $69m, profit after tax of $47m, EPS of 109c and dividends of 74cps.

Network investment and expansion

• Rosedale branch opened in March 2026 and is performing ahead of expectations; Hamilton distribution centre racking expansion added capacity in June 2026.

• Pemulwuy and Truganina distribution centre integration was commissioned in June 2025, adding flexibility and scalability; major IT upgrades went live in April 2026.

• FY26 projects expanded Eagle Farm and Canberra footprints and relocated Toowoomba to a site with double its prior operating capacity.

• Kwinana relocation is scheduled for Q3 FY27, with nearly triple capacity; Penrith land purchase supports a new branch targeted to open in Q1 FY28, with expected development cost of ~$9m.

Market dynamics and outlook

• Service relies on network efficiency, IT, stocking, delivery systems, branch configuration, in-house parts interpretation and experienced staff.

• The truck and bus aftermarket is estimated to grow ~7% p.a.; independent suppliers are gaining share as original equipment manufacturers lose share.

• FY27 targeted revenue growth of ~$50m; progress was positive despite a general slowdown in economic activity.

• Management cited ongoing organic growth opportunities, FY27–FY28 Australian network initiatives and favourable market trends; long-term outlook remains positive for sustainable organic growth.