Looking Wesfarmers results into more details, I was able to find Bunnings EBITDA : 1,748 m $ for H1 24, up by 1.6 % vs H1 23.
This is to compare with a decrease of 4 % for Beacon Lighting EBITDA.
Quite interesting also to compare EBITDA margin : 28.1 % for Beacon Lighting vs 17.6 % for Bunnings.
Unfortunately, Bunnings does not disclose its gross margin, but I suspect that it is the major difference between the 2 companies, as Beacon Lighting has much higher prices.
Unlike Beacon Lighting, Bunnings mentions that it was able to grow its sales both with retail and commercial customers.
Worth looking into more details, page-4
Add BLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.50 |
Change
-0.020(0.79%) |
Mkt cap ! $567.0M | |||
| Open | High | Low | Value | Volume |
| $2.57 | $2.59 | $2.48 | $111.0K | 43.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22163 | $2.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.59 | 6557 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.50 |
Change
-0.020 ( 1.06 %) |
||||
| Open | High | Low | Volume | ||
| $2.57 | $2.58 | $2.48 | 4836 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| BLX (ASX) Chart |