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ACTIVITIES

  • Supply of engineering products and industrial consumables, safety products and training services, packaging, materials handling and lifting products and services through a portfolio of leading distributors across Australia and New Zealand
  • Servicing industry and government through extensive national branch networks and online channels

YEAR IN BRIEF

  • 18.3 per cent increase in earnings
  • 3 percentage points lift in return on capital to 15.6 per cent
  • Acquired Bullivants, Australia’s leading supplier of material handling, lifting and rigging products and services
  • Division restructuring largely complete
  • Product range rationalised by over 50 per cent
  • Delivery In Full On Time improved 10 percentage points through upgrades to logistics, systems and distribution networks
  • Global Sourcing Office established in China

FUTURE DIRECTIONS

  • Continue to target higher growth sectors, extensions to networks and ranges of products and services
  • Increase sales through improved service, delivery performance and value proposition
  • Improve metropolitan sales penetration
  • Complement organic growth by acquisitions

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