• FY2025 financial highlights
• Network developments
• Market dynamics
• Safety and Board
• Outlook

Supply Network Ltd held its 2025 Annual General Meeting, where the Chairman, Robert Fraser, provided an overview of the company's performance and key developments. FY2025 financial highlights included a 15.8% increase in sales revenue in the Australian operation and a 12.6% increase in the New Zealand operation (in NZ$ terms). NPAT was $40.0m (FY24: $33.0m), with basic EPS of 92.95c (FY24: 78.61c) and total dividends paid of 65.0cps (FY24: 51.0cps). The company made substantial capacity upgrades at several locations in Australia and New Zealand, as well as opening a new branch in Wangara, WA and a new locally focused parts store in Karratha, WA. Network efficiency, the use of information technology, stocking strategies, delivery systems, and branch configuration were highlighted as vital to maintaining the company's service standards. The market is described as competitive and dynamic, with opportunities presented by intense competition between heavy vehicle manufacturers and continued technological developments. The company is on track to achieve its targeted revenue growth of around $50 million in FY26, with a transition to a new ERP system and sales interface, as well as ongoing organic growth opportunities. The Board has approved a new 3-year business plan to FY28, building on existing successful strategies and adjusting for the company's greater size and evolving market dynamics.

Targeted revenue growth of around $50 million in FY26.

The company is on track to achieve its targeted revenue growth of around $50 million in FY26, with a transition to a new ERP system and sales interface, as well as ongoing organic growth opportunities. The Board has approved a new 3-year business plan to FY28, building on existing successful strategies and adjusting for the company's greater size and evolving market dynamics.