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BAPCOR LIMITED — Capital/Financing Update 2015
May 31, 2015
64494_rns_2015-05-31_15b094cc-a4e7-44f4-85d6-4a36c672cd66.pdf
Capital/Financing Update
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Burson Group Limited A.B.N 80 153 199 91261 Gower Street (PO Box 8251 Northland) Preston, Victoria, 3072 Australia Tel: + 61 3 9914 5555 Fax: + 61 3 9914 5544 www.burson.com.au
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Burson Group Limited
(ASX: BAP)
ASX Release
1 June 2015
Burson Store Network Update
Consistent with its strategy of developing a national footprint, Burson Group is pleased to advise that its first auto parts store in Western Australia will open on 2 June 2015, in Malaga, Perth. This will be followed over the next two months by the opening of three further stores in Perth.
Burson opened its 122[nd] store in Orange, NSW in April 2015, and in addition to the new stores in Western Australia, will open a further seven stores over the next two months, including in Wollongong (NSW), Rockhampton (QLD), Beenleigh (QLD) and Canberra (ACT). The new stores are a mixture of greenfield sites and acquisitions.
These new stores will bring Burson’s store network to 133 stores by the end of July 2015, with stores in every state and territory of Australia.
Darryl Abotomey, CEO of Burson said “The opening of Burson stores in Western Australia and the Australian Capital Territory are a significant milestone in the growth of Burson’s store network. We will have stores in every state and territory in Australia further enhancing our ability to service our customers. Our target is to create a network of 175 stores by June 2019 and we are well ahead of our timeline to achieve this, thanks to the efforts of our talented staff.
One of Burson’s key attributes is our knowledgeable people and customer service offering and we are pleased that we continue to attract enthusiastic and experienced industry personnel to our network.”
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For further information, please contact:
Darryl Abotomey Managing Director and CEO +61 419 838 059 +61 3 9914 5555
Gregory Fox
Chief Financial Officer and Company Secretary +61 417 562 891 +61 3 9914 5555
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