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Stealth Global Posts Record Half-Year as HBT Deal Supercharges Growth Ambitions

Story Highlights
  • Stealth Global delivered record first-half FY26 earnings, strengthened its balance sheet and grew sales, EBITDA and profit despite economic headwinds.
  • The HBT acquisition massively expanded Stealth’s national network, lifting its FY28 sales target above $500 million and cementing it as a key independent rival.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Stealth Global Posts Record Half-Year as HBT Deal Supercharges Growth Ambitions

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The latest update is out from Stealth Global Holdings Ltd. ( (AU:SGI) ).

Stealth Global Holdings reported record first-half FY26 results, with gross sales rising 11.8% to $82.2 million, EBITDA up 18.8% to $5.3 million and NPAT jumping 51.4% to $1.6 million, while maintaining gross margins and materially strengthening its balance sheet after a $19.5 million capital raise. The company cut net debt, lifted cash to $32.5 million and benefited from resilient demand in resources, infrastructure, construction and consumer electronics despite broader macroeconomic headwinds.

The completion of the Hardware & Building Traders acquisition in November 2025 has transformed Stealth’s scale, adding around 1,165 independent stores and creating a national platform representing more than $800 million in consolidated annual purchases. The deal positions Stealth as the leading independent alternative to major players Wesfarmers and Metcash, supports a higher FY28 sales target of more than $500 million, and is expected to deliver substantial profit synergies as the company drives procurement, private-label growth and network efficiencies.

The most recent analyst rating on (AU:SGI) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Stealth Global Holdings Ltd. stock, see the AU:SGI Stock Forecast page.

More about Stealth Global Holdings Ltd.

Stealth Global Holdings Ltd is an Australian supplier and distributor of safety, industrial, hardware and building products, operating brands such as Heatleys, Hardware & Building Traders and Force Technology International. The group now runs a national, capital-light distribution platform spanning more than 1,200 hardware and industrial locations, targeting trade, construction, resources and broader industrial markets across a $93 billion addressable sector.

Average Trading Volume: 160,755

Technical Sentiment Signal: Buy

Current Market Cap: A$192.9M

Learn more about SGI stock on TipRanks’ Stock Analysis page.

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