Bapcor Ltd

BAP: XASX (AUS)
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Bapcor: Turnaround Longer and More Painful Than Anticipated

Bapcor expects to report fiscal 2025 underlying net profit of about AUD 82 million, 14%, below last year, as operating performance deteriorated over the second half. This excludes about AUD 49 million in one-off costs, mostly impairments and asset write-downs. Shares closed 28% lower on the news.

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