Supply Network reports strong FY2025 performance, positive outlook

Supply Network Limited (SNL) reported significant growth for the 2025 financial year, with sales revenue reaching $348.8 million, an increase of 15.3%. Profit after tax rose to $40.0 million, leading to an 18.2% growth in earnings per share (92.95c). Total dividends paid increased for the ninth consecutive year to 65.0 cents per share, with return on capital invested remaining strong at 33.2%.

The company outlined extensive network developments in FY2025, including substantial capacity upgrades in Brisbane, Adelaide, and Sydney, and the opening of new branches in Wangara and Karratha, WA. Further expansion plans include increased branch capacity in Brisbane, Toowoomba, and Perth effective early FY2027, and Sydney from FY2028. Additionally, a new facility in Rosedale, North Auckland, is expected to commence trading in March 2026.

For FY2026, SNL targets revenue growth of around $50 million and is on track to achieve this goal. The Board has approved a new three-year business plan to FY2028, focusing on sustainable long-term organic growth and ongoing investment in its Enterprise Resource Planning software and sales interface.