Sean Aylmer
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Appearances Over Time
Podcast Appearances
Growth, they said, will be driven by Supercheap Auto's range expansion and fit-out capabilities, someone like you, Michael.
Rebels wants to roll out regional stores.
There's also a private label push.
and expansion of BCS Super Stores.
The group said it wants to own sport.
So Rebel's 161-store footprint will expand to over 200 stores in the next five years, including 30 new regional sites.
Bigger stores will include interactive zones like mini basketball courts, football pitches, that sort of stuff.
Super Cheap Auto will tailor products and fitting services, so roof racks, other accessories,
To the demand in the different geographies, so if they're somewhere where there's lots of EVs, they're going to need accessories for EVs and the ability to fit the accessories to the EVs, so that'll be a focus.
By the close, investors kind of liked the story.
Its share price finished up more than 1%.
The cost-cutting program builds on efficiencies from the combination of Seven West Media and Southern Cross Media to create this new company.
It will result in a restructuring charge of about $20 million.
Now, Southern Cross also announced $65 to $70 million in write-downs of legacy TV content, basically contracts which have not delivered the commercial benefits expected.
So that's like 150 hours.
Of football.
That's a lot.
They'll watch every single minute of it.
I know.
I know.