Bull bar boom for ARB Corp, but pandemic uncertainty rises
Key Points
- Full-year revenue ($m) 625.9, up 34pc
- Pre-tax profit ($m) 150.0, up 92pc
- Net profit ($m) 112.9, up 57pc
- Final dividend (¢) 39 v 21
- Date dividend payable October 22
Bull bar and four-wheel drive accessory maker and retailer ARB says overseas markets will be the biggest drivers of future growth, but COVID-19 disruptions to shipping and logistics make it harder for products to be delivered on time.
The company, which also makes products for drivers to spruce up utes, generated record profits in the financial year to June 30 as the shift to domestic holidays and camping trips within Australia accelerated.
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