Market Update
Stock | Supply Network Ltd (SNL.ASX) |
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Release Time | 25 Jul 2025, 2:27 p.m. |
Price Sensitive | Yes |
Supply Network Ltd Reports Strong FY2025 Results
- Revenue grew 15% to $349m, with profit after tax of $39.7m
- Expanded distribution capacity to support future growth
- Targeting similar revenue growth of $50m for FY2026
Supply Network Ltd has reported another successful year, with revenue growth of 15% to $349m and profit after tax of $39.7m, giving a slightly improved PAT margin of 11.4%. The company has been working to ensure its network can efficiently support full year revenues up to $400m, and has now shifted its attention to even bigger targets. While there is always some regional variability in growth rates, the company is pleased to report that sales growth remained broadly consistent across the Group, with growth coming from all major customer segments but remaining skewed towards truck fleets and truck repairers. In April 2025, the company commenced trading at its new Wangara, WA branch, and around the beginning of July 2025, it also commenced distribution from its building extension at Truganina, Victoria. These critical pieces of infrastructure have prepared the company's distribution capacity to support the next $100m of revenue growth. The company has also signed agreements to increase branch capacity in Brisbane, Toowoomba, and Perth, and is investigating options in Sydney. For New Zealand, the company has recently leased a new facility at Albany, north of the Auckland Bridge, which is expected to commence trading in February 2026. The company is also pleased to report another record low Lost Time Injury Frequency Rate (LTIFR) in FY2025, with a strong focus on safety. For FY2026, the company has targeted similar revenue growth of around $50m, which will be challenging, especially in a year when it will be transitioning to a new version of its Enterprise Resource Planning software and an entirely new sales interface.
For FY2026, the company has targeted similar revenue growth of around $50m.
The company intends to approach the organic growth opportunities ahead with the same successful business building strategies it has adopted over many years, adjusting as appropriate for its greater size and the evolving market dynamics.