Bapcor Limited Reports Audited Consolidated Earnings Results for the Year Ended June 30, 2017
August 23, 2017 at 09:04 am IST
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Bapcor Limited reported audited consolidated earnings results for the year ended June 30, 2017. For the period, the company has posted revenue from continuing operations of AUD 1,013,553,000 against AUD 685,629,000 a year ago. Profit before income tax expense from continuing operations was AUD 79,720,000 against AUD 62,116,000 a year ago. Profit after income tax expense from continuing operations was AUD 53,732,000 against AUD 43,582,000 a year ago. Diluted earnings per share were 19.83 cents against 17.82 cents a year ago. Profit after income tax expense for the year was AUD 63,830,000 against AUD 43,582,000 a year ago. Profit for the year is attributable to Owners of Bapcor Limited was AUD 64,044,000 against AUD 43,582,000 a year ago. Diluted earnings per share were 23.64 cents against 17.82 cents a year ago. Net cash from operating activities was AUD 61,094,000 against AUD 39,263,000 a year ago. Payment for purchase of business, net of cash and cash equivalents was AUD 373,238,000 against AUD 289,012,000 a year ago. Payment for deferred settlements was AUD 6,511,000 a year ago. Payments for property, plant and equipment was AUD 15,096,000 against AUD 12,020,000 a year ago. Payments for intangibles were AUD 1,120,000 against AUD 2,149,000 a year ago.
Bapcor Limited is an Australia-based company, which is a provider of vehicle parts, accessories, equipment, service and solutions. Its segments include Trade, Specialist Wholesale, Retail and New Zealand. Its Trade segment is a distributor of vehicle parts and equipment solutions for the Trade market. It consists of the Burson Auto Parts, Precision Automotive Equipment and Independents business units in Australia, as well as the Thailand operations. Its Specialist Wholesale segment includes the specialized wholesale distribution and network channel areas that focus on a specific automotive area, such as AAD, BaxtersMTQ, Bearing Wholesalers, Roadsafe, Diesel Distributors, Federal Batteries, JAS, Premier Auto Trade, Toperformance, Truckline and WANO. Its Retail segment includes the operations of Autobarn, Autopro, Midas, ABS and Opposite Lock. The New Zealand segment includes the operations of Brake & Transmission (BNT), Autolign and HCB Technologies.