• Delivered revenue and EBITDA growth in H1 FY25
• Continued focus on revenue and margin improvement initiatives
• Finalizing integration activities from recent acquisitions

MaxiParts Ltd, one of the largest suppliers of truck and trailer parts to the road transport industry in Australia, has reported its results for the half year ended 31 December 2024. The company delivered strong revenue and EBITDA growth, with revenue up 22.6% to $136.9m and EBITDA up 28.6% to $13.7m. This was driven by both acquisitions and organic growth programs. MaxiParts is focused on continued revenue and margin improvement initiatives, which are expected to grow EBITDA margins into the low double digits in the medium term. The company is also finalizing integration activities from recent acquisitions, primarily around IT and business systems. MaxiParts' subsidiary, Forch Australia, a distributor of workshop consumable parts, also delivered strong growth, with revenue up 48.8% and EBITDA up 95.7%. The company is maintaining balance sheet flexibility to respond to market conditions and has an active capital management plan, including a fully franked interim dividend of 3.05 cents per share.

MaxiParts expects revenue and margin improvement initiatives to grow EBITDA margins into the low double digits in the medium term.

MaxiParts remains focused on revenue and margin improvement initiatives, maintaining balance sheet flexibility, and finalizing integration activities from recent acquisitions. The company expects these trends to continue through the second half of the FY25 financial year.