Bapcor's ex-Hellaby auto unit still exceeding expectations

Tue, 20 Feb 2018

By Paul McBeth Feb. 20 (BusinessDesk) - ASX-listed Bapcor is still being pleasantly surprised by the former Hellaby Holdings automotive unit, which delivered a 29 percent increase in first-half earnings. Bapcor New Zealand posted earnings before interest, tax, depreciation and amortisation of A$15.6 million in the six months ended Dec. 31 on revenue of A$148.2 million, accounting for about 22 percent of group earnings and 24 percent of sales. Within that, the NZ trade unit increased revenue 7.2 percent to $96 million and ebitda 32 percen...

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