Bapcor Limited Announces Audited Consolidated and Parent Earnings Results for the Year Ended June 30, 2018
September 27, 2018 at 10:15 pm EDT
Share
Bapcor Limited announced audited consolidated and parent earnings results for the year ended June 30, 2018. For the full year, the company reported revenue from continuing operations was AUD 1,236,681,000 against AUD 1,013,553,000 a year ago. Profit before income tax expense from continuing operations was AUD 118,034,000 against AUD 79,720,000 a year ago. Profit after income tax expense for the year was AUD 94,320,000 against AUD 63,830,000 a year ago. Profit for the year is attributable to owners of the company was AUD 94,656,000 against AUD 64,044,000 a year ago. Diluted earnings per share for profit from continuing operations attributable to the owners of the company were 30.06 cents against 19.83 cents a year ago. Diluted earnings per share for profit attributable to the owners of the company were 33.73 cents against 23.64 cents a year ago. Net cash from operating activities was AUD 85,431,000 against AUD 61,094,000 a year ago. Payments for property, plant and equipment was AUD 14,678,000 against AUD 15,096,000 a year ago. Payments for intangibles were AUD 966,000 against AUD 1,120,000 a year ago. The company reported EBITDA of AUD 150,702,000 against AUD 117,094,000 a year ago. Net debt at 30 June 2018 was AUD 289.5 million. Pro-forma NPAT was AUD 87.9 million against AUD 71.7 million a year ago. Pro-forma NPAT from continuing operations was AUD 86.5 million against AUD 65.8 million a year ago. Statutory EPS TERP adjusted was 33.90 cents against 23.76 cents a year ago.
The parent company reported loss after income tax of AUD 9,809,000 against AUD 18,276,000 a year ago.
Bapcor Limited is an Australia-based provider of vehicle parts, accessories, equipment, service and solutions. The Company has four segments. The Trade segment is a distributor of automotive aftermarket parts and consumables to trade workshops for the service and repair of passenger and commercial vehicles; automotive workshop equipment, such as vehicle hoists and scanning equipment, including servicing of the equipment; and automotive accessories and maintenance products for do-it-yourself vehicle owners. The Specialist Wholesale segment includes AAD, Bearing Wholesalers, Baxters/MTQ, Roadsafe, JAS Oceania, Premier Auto Trade, Federal Batteries, Diesel Distributors and AADi, as well as the commercial truck parts group comprising Truckline and WANO. The Retail segment includes the Autobarn, Autopro and Opposite Lock brands, as well as the Midas and ABS workshop service brands. The New Zealand segment consists of Trade and Specialist Wholesale businesses based in New Zealand.