BAP 1.16% $5.24 bapcor limited

Morgan’s suggest caution HY19 result, page-4

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    lightbulb Created with Sketch. 233
    Super Retail Group (SUL) released a trading update today ahead of HY results due 14th Feb.

    Looking at just the Auto Retailing segment Supercheap Auto saw like for like sales growth of 1.8% with overall sales up 2.7% For the corresponding period last year like for like growth was 3.5% 
    LFL sales growth ~4% in Supercheap Auto over the first six weeks of the second half.

    Sales growth was stronger in the Auto Maintenance and Accessories categories and in Queensland, Victoria and New Zealand.

    While retailing is only a minor part of BAP, thought this was worth sharing. 



    Last edited by lightning70: 12/02/19
 
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