Latest Automotive Parts Distribution News

MaxiPARTS has completed its $11.2 million purchase of Air Brake Systems, an acquisition expected to lift earnings per share by 17% before synergies. The deal adds a commercial vehicle braking business with $20 million in revenue and is forecast to contribute $5.5 million to group operating EBITDA by FY29, including synergies and underlying growth.

MaxiPARTS has seen activity levels dip due to the Middle East conflict but expects to maintain profit margins through cost controls and a resilient Förch Australia segment.

Supply Network Limited has reported robust first half 2026 results, with double-digit profit growth and ambitious network expansion projects underway across Australia and New Zealand.

MaxiPARTS Limited reported a modest 1.8% revenue increase to $139.3 million for the half-year ended December 2025, while net profit after tax dipped slightly by 2%. The company raised its interim dividend to 4.15 cents per share, reflecting confidence in its growth initiatives and cash flow outlook.

MaxiPARTS Limited reported robust FY25 results with strong revenue growth, improved margins, and significant debt reduction, underpinning a confident outlook despite market challenges.

MaxiPARTS Limited reported a robust FY25 with a 57% jump in net profit and a 20% dividend increase, underpinned by operational gains and a key acquisition in Förch Australia.

MaxiPARTS Limited reported a robust FY25 with revenues climbing 9.5% to $267.1 million and net profit soaring 179% to $7.7 million, underpinned by strategic acquisitions and margin improvements.