Stealth Global Holdings Ltd. ( (AU:SGI) ) has issued an update.
Stealth Global Holdings Ltd has secured exclusive distribution rights for CAT® Power Tools, Wesco Power Tools, and Harden Hand Tools in Australia and New Zealand. This strategic move, backed by global tool manufacturer Positec, is expected to significantly enhance Stealth’s market position and profitability by expanding its product range and leveraging high-margin sales channels. The agreements align with Stealth’s FY28 growth plan, aiming to exceed $30 million in exclusive brand sales, and reinforce its competitive advantage in the power and hand tool market.
More about Stealth Global Holdings Ltd.
Stealth Global Holdings Ltd is a leading Australian distributor specializing in industrial, safety, automotive, workplace, and consumer products. The company operates across business, wholesale, trade, and retail markets, focusing on high-margin exclusive product offerings and private-label strategies.
YTD Price Performance: 46.51%
Average Trading Volume: 177,412
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$73.73M
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