Bapcor Ltd (AU:BAP) has released an update.
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Bapcor Limited reported a slight revenue increase of 0.8% in FY24 over the previous year, yet faced a substantial decline in profitability with a 24.3% decrease in pro-forma net profit after tax and a similar dip in earnings per share. The company also refinanced $200 million in maturing debt, securing new facilities totaling $300 million and ending the year with a pro-forma net debt of $337.1 million, an increase from the prior year.
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