Strategy and Trading Update
| Stock | Stealth Group Holdings Ltd (SGI.ASX) |
|---|---|
| Release Time | 17 Jun 2026, 8:20 a.m. |
| Price Sensitive | Yes |
Stealth Group Holdings Ltd Trading Update
- FY26 preliminary unaudited results expected to be record with sales of $165 million (+13.7%)
- Completed acquisition of Hardware & Building Traders (HBT) in November 2025 for $22 million
- FY28 target of $500 million in annual sales and EBITDA margin of 8-12% remains on track
- Secured two new Australian territory exclusive distribution agreements with global brands
- Launched products on new online marketplaces Woolworths and Amazon
Stealth Group Holdings Ltd, Australia's leading independent distributor and retailer of hardware, industrial, safety, and consumer products, provides a strategic and financial trading update. The preliminary unaudited FY26 results show strong growth, with sales of $165 million (+13.7%), revenue of $146 million (+5.8%), EBITDA of $14.3 million (+44.4%), and NPAT of $5.8 million (+87.1%). The acquisition of Hardware & Building Traders (HBT) in November 2025 has expanded the company's scale, supplier network, and product categories. The FY28 target of $500 million in annual sales and an EBITDA margin of 8-12% remains on track, driven by the full-year contribution from HBT, organic growth, and synergies.
FY28 target of $500 million in annual sales and an EBITDA margin of 8-12%
Stealth remains focused on executing its four strategic growth pillars to capture market share in the highly fragmented Australian hardware, industrial, safety, and home improvement sectors.