• Activity levels declined in March and remained below highs in April and May due to global issues
• Conflict in the Middle East increased uncertainty and cost increases in the transport sector
• Proactive measures implemented to maintain profit margins and improve cash conversion rates
• Expected FY26 full-year results broadly in line with previous guidance
• Revenue expected between $273 million and $278 million

Maxiparts Ltd (ASX:MXI) has released a trading update indicating a decline in activity levels from March through May, primarily due to the impact of the conflict in the Middle East. This has increased uncertainty and costs in the transport sector, leading to reduced operating activity and parts procurement deferral. Despite this, the company has implemented measures to maintain profit margins and improve cash conversion rates. Maxiparts expects its FY26 full-year results to be broadly in line with previous guidance, with revenue expected between $273 million and $278 million and operating NPBT between $13.4 million and $14.1 million.

FY26 revenue between $273 million and $278 million, NPBT between $13.4 million and $14.1 million

Maxiparts expects its FY26 full-year results to be broadly in line with previous guidance despite the impact on activity levels.