Revenue ($m) 883.6, up 26pc from year-earlier 702.5
Pre-tax profit ($m) 96.0 v 63.5
Net profit ($m) 67.7 v 45.2
Interim dividend (¢) 9 v 9, payable March 12
The chief executive of car parts and accessories group Bapcor, which runs 1100 outlets under the Autobarn, Burson, AutoPro and Sprint brands, says people hunting for more creature comforts in their vehicles helped drive a 50 per cent profit spike.
Darryl Abotomey said on Wednesday there was little sign of the demand from drivers abating and the group was in a prime position to keep delivering strong returns after an overhaul of its retail division, including a change in store formats and culling of non-performing stores.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
