BRIEF-Bapcor Posts FY Statutory Loss Of A$158.3M

Reuters

2024/10/16

Oct 16 (Reuters) - Bapcor Ltd :

* FY STATUTORY LOSS OF A$158.3M

* FY REVENUE A$2.0 BILLION

* COMPLETION OF PREVIOUSLY ANNOUNCED HEADCOUNT REDUCTIONS HAS OCCURRED

* MANAGEMENT ACTIONS ARE EXPECTED TO DELIVER SAVINGS BETWEEN A$20M-A$30M IN FY2025

* EXITED OPERATIONS FROM QUARTER OF PLANNED WAREHOUSES CONSOLIDATIONS TO OUR CENTRAL STATE BASED DISTRIBUTION CENTRES

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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