Latest Distribution Centre News

Centuria Capital Group has acquired a 32-hectare industrial estate in Port Adelaide at a significant discount, launching Australia's largest single-asset unlisted industrial fund with strong occupancy and growth prospects.

Briscoe Group Limited reported a 2.07% increase in second quarter sales to $192.9 million, with online sales approaching 20% of total revenue. Despite ongoing economic challenges, the company expects a net profit after tax of at least $29 million for the first half of 2025.

Supply Network Limited reported solid FY2025 results with 15% revenue growth and expanded its branch footprint, setting sights on further growth despite upcoming operational changes.

Bapcor reports a softer FY25 with pro-forma NPAT of $81-82 million and statutory NPAT sharply lower at $31-34 million, citing operational disruptions and a challenging retail environment. The company also announces key board resignations amid a strategic reset.

Adairs Limited projects modest overall growth for FY25, buoyed by strong performances from Adairs and Mocka brands, while Focus on Furniture struggles with declining sales and earnings.

Myer Holdings has unveiled a comprehensive strategic transformation plan, integrating its recent Apparel Brands acquisition and leveraging a strengthened balance sheet to drive sustained earnings growth. The company aims to redefine its retail presence through customer-centric innovation and operational efficiency.

Myer Holdings reports a 1.9% increase in total sales for the second half of fiscal 2025 despite inflationary pressures and operational hurdles at its new distribution centre. The retailer outlines interim logistics solutions and previews its upcoming Growth Strategy.

Ridley Corporation is set to acquire Dyno Nobel’s fertiliser distribution arm for A$300 million, marking a strategic expansion into fertiliser services backed by a $125 million equity raise. The deal is expected to significantly enhance Ridley’s earnings and market footprint by FY26.

Ridley Corporation has agreed to acquire Dyno Nobel’s fertiliser distribution arm for A$300 million, backed by a $125 million equity raise. This move positions Ridley as a leading diversified agricultural services provider with a new growth pillar.

Vitura Health reports sustained revenue and EBITDA growth in Q3 FY2025, driven by recent acquisitions and operational improvements, positioning the company well for FY2026.

Growthpoint Properties Australia has raised its FY25 funds from operations guidance and expanded its logistics portfolio with a $40 million industrial asset acquisition in Queensland, signaling strong operational momentum.

Super Retail Group has amended its FY25 sales growth figures while reporting improved like-for-like sales in the second half, alongside strategic investments in supply chain and store network expansion.