Supply Network (SNL) H2 2025 earnings summary

Executive summary

• Sales revenue grew by 15% year-over-year to $349m, with profit after tax rising to $40m and a PAT margin of 11.4%.

• Growth was consistent across regions, with major customer segments being truck fleets and repairers.

• New branches opened in Wangara, WA and Karratha, WA, and a major distribution expansion in Truganina, Victoria.

• Record low Lost Time Injury Frequency Rate achieved, reflecting ongoing safety improvements.

Financial highlights

• Revenue: $349.9m in FY2025, up 15.3% from FY2024.

• EBIT: $58.4m, up 18.4% year-over-year; EBITDA: $68.8m, up 17.7%.

• Net profit after tax: $40.0m, up from $33.0m in FY2024.

• EPS: 92.95 cents, up from 78.61 cents; dividends paid: 65.00 cents per share.

• Return on average total equity: 33.2%.

Outlook and guidance

• Targeting similar revenue growth of around $50m for FY2026.

• Anticipates challenges from ERP and sales interface migration, but confident in maintaining service standards.

• Substantial organic growth opportunities remain, with strategies adjusted for scale and market dynamics.