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Auto group Bapcor in turmoil after profit warning

ASX-listed Bapcor’s New Zealand portfolio includes the Midas and Battery Town brands, as well as wholesale channels.

Bapcor has 1100 sites in Australia and New Zealand

ASX-listed Bapcor, which operates retail and wholesale automotive brands on both sides of the Tasman, has had close to A$500 million ($546m) wiped off its sharemarket value this week after a gloomy update and the exit of directors.

Bapcor shares plunged 28% in late trading on the ASX on Thursday

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Lachlan Colquhoun Fri, 25 Jul 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Auto group Bapcor in turmoil after profit warning
Investment,
110190
true