ASX-listed Bapcor happy with Hellaby's automotive unit, selling resources, footwear

Wed, 23 Aug 2017

By Paul McBeth Aug. 23 (BusinessDesk) - ASX-listed Bapcor is pleased with the "upside potential" from the automotive unit acquired with the takeover of Hellaby Holdings and is actively seeking buyers for its New Zealand resources and footwear divisions. Hellaby Automotive performed better than Bapcor was expecting, delivering a 16 percent gain in revenue to A$146.7 million in the six months ended June 30 and a 28 percent boost in earnings before interest, tax, depreciation and amortisation to A$15.1 million, the Australian company said in...

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