BAP Analysis: Bapcor December 2025 Guidance Update

Event: Bapcor December 2025 Guidance Update | Date: 2025-12-09 | Source: ASX Announcement

Share Price Plunges 20% on Weak First-Half Trading Update

Bapcor released a trading update on December 9, 2025, warning of weaker-than-expected performance in the first half of FY26, driven by trading softness in October and November. The company now expects a statutory net profit after tax (NPAT) loss of $5 million to $8 million for HY26, including approximately $19 million in pre-tax one-off items related to transformation costs and restructuring. This guidance excludes potential impairments for the New Zealand segment, which was flagged in a prior ASX announcement on October 20, 2025. Bapcor attributed the shortfall to ongoing transformation disruptions, competitive pressures requiring pricing investments in the Trade segment, and challenging retail conditions. The update triggered a sharp market reaction, with shares dropping around 20% on the day, reflecting investor concerns over execution risks and margin recovery prospects. Bapcor HY26 Trading Update (ASX).