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How Stealth Group’s $500m FY28 Target Redefines Australian Hardware Distribution
1:22pm on Wednesday 25th of February, 2026 AEDT
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Industrials
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How Stealth Group’s $500m FY28 Target Redefines Australian Hardware Distribution
1:22pm on Wednesday 25th of February, 2026 AEDT
Key Points
Record 1H26 sales up 11.8% to $82.2 million
Net profit after tax jumps 51.4% to $1.6 million
Acquisition of Hardware & Building Traders expands footprint to ~1,200 locations
Balance sheet strengthened with $19.5 million capital raise and net debt reduced to $7.3 million
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STEALTH GROUP HOLDINGS (ASX:SGI)
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