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Group Vision
"To be Australasia's
most highly regarded specialty retailer".
Super Cheap Auto Group Limited comprises four businesses: Supercheap Auto, BCF (Boating Camping and Fishing), Goldcross Cycles and Ray's Outdoors. Started in 1972 by Reg and Hazel Rowe, Super Cheap Auto Group has grown to become one of Australia and New Zealand's largest retailers with around 400 stores across Australia and New Zealand and annualised sales in excess of $1 Billion. With more than 5,000 team members, Super Cheap Auto Group's success is underpinned by its culture and core values.
Last:6.00
Change:-0.03 (-0.49%)
Volume:86,456
2010 Full Year Results Super Cheap Auto Group announces 18.4% increase in full year net profit after tax. Super Cheap Auto Group (ASX:SUL) today announced an 18.4% increase in net profit after tax to $38.1 million for the 53 weeks to 3 July 2010. |
Update on 2009/10 Profit Forecast Subject to the finalisation of end of year accounting entries, Super Cheap Auto Group Limited (ASX: SUL) expects to achieve net profit after tax for the 53 weeks to 3 July 2010 in the vicinity of $38 million. The Company’s profit in the prior comparative period was $32.1million. |
Super Cheap Auto Group Limited Completes Acquisition of Rays Outdoors Super Cheap Auto Group Limited (the “Company”) yesterday evening successfully completed its acquisition of Ray’s Outdoors announced to the market on 27 April 2010.
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Acquisition of Ray's Outdoors Development of the Leisure Retail Business
Acquisition of Ray’s Outdoors
• Super Cheap Auto Group agrees to acquire Ray’s Outdoors for an enterprise value of $54.0 million (see footnote 1)
• Combined with BCF, Ray’s Outdoors will form part of Super Cheap Auto Group’s market leading “Leisure Retail” business
• Transaction to be equity funded through a fully underwritten institutional placement and a non-underwritten share purchase plan |
Super Cheap Auto Group announces first half results Super Cheap Auto Group Limited (ASX:SUL) today announced a 14.5% increase in net profit after tax to $15.5 million for the 26 week period to 26 December 2009. |