Beacon Lighting Group Ltd
ASX:BLX
Beacon Lighting Group Ltd
Beacon Lighting Group Ltd. engages in the sale of lighting, ceiling fans, and light globes. The company is headquartered in Mulgrave, Victoria. The company went IPO on 2014-04-15. The firm sells light fittings, globes, ceiling fans, and energy based products in the Australian market. The firm is focused on designing, developing, sourcing, importing, distributing, merchandising, promoting and selling its own product range to meet the demands of its retail and commercial customers. The firm operates approximately 113 Beacon lighting company stores, two Beacon lighting franchised stores, and five Beacon lighting commercial sales offices. The company also operates the Beacon International in Hong Kong, Germany, the United States, and China, and Light Source Solutions Globes in Australia and New Zealand. The firm also offers products through its online store, www.beaconlighting.com.au.
Beacon Lighting Group Ltd. engages in the sale of lighting, ceiling fans, and light globes. The company is headquartered in Mulgrave, Victoria. The company went IPO on 2014-04-15. The firm sells light fittings, globes, ceiling fans, and energy based products in the Australian market. The firm is focused on designing, developing, sourcing, importing, distributing, merchandising, promoting and selling its own product range to meet the demands of its retail and commercial customers. The firm operates approximately 113 Beacon lighting company stores, two Beacon lighting franchised stores, and five Beacon lighting commercial sales offices. The company also operates the Beacon International in Hong Kong, Germany, the United States, and China, and Light Source Solutions Globes in Australia and New Zealand. The firm also offers products through its online store, www.beaconlighting.com.au.
Sales Growth: Beacon Lighting reported first half FY26 sales of $176.3 million, up 3.4% from last year, with trade sales particularly strong.
Profit Decline: Underlying net profit after tax was $17.2 million, down 2.1% on the prior period, while reported statutory net profit after tax declined 6%.
Margin Stability: Gross margin held steady at 69.1%, even as a growing trade mix and commodity products like cable put slight pressure on margins.
Trade Strength: Trade sales rose 12.6% in-store and 14.5% online, now making up 41.7% of sales—well on track to reach the company’s 50% target by FY28.
Retail Softness: Retail sales were affected by weaker consumer confidence tied to interest rate concerns, but showed improvement in Q2.
Store Network: Four new stores opened, but ongoing site availability challenges mean store growth may be slower in the coming 12 months.
Dividend Maintained: The interim dividend was held steady at $0.041 per share, and the dividend reinvestment plan was suspended.
Outlook: Retail sales have moderated early in the second half, but trade sales growth has further strengthened, and management remains focused on disciplined strategy execution.