BEACON LIGHTING GROUP LIMITED — Capital/Financing Update 2019

Apr 29, 2019

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ASX Announcement

30 April 2019

Trading Update

Beacon Lighting Group (ASX: BLX) wishes to provide the market with a trading update.

Today the Group is reporting that the trading conditions continue to be unpredictable. For the period of Q1 to Q3 of FY2019 compared to the period of Q1 to Q3 FY2018 the following trading results have been achieved:

• Group sales have increased by 2.7%

• Comparative sales have declined by 1.8%

• EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) has declined by 11.6%

The Group has invested heavily in new stores in recent years and the effect of these investments in the current trading environment has meant that these stores are taking longer to reach maturity. The Emerging Businesses continue to grow in sales and profits.

Trading continues to be subdued as a result of a number of factors, including:

• Decline in housing prices and churn

• Weak consumer confidence

• The upcoming federal election

• Credit availability within the housing sector

The Beacon Lighting Group is expecting to achieve an EBITDA result for FY2019 to be within the range of $28.5 million to $30.5 million, compared to $33.2 million for FY2018.

Further Information

For further information please contact: Glen Robinson or David Speirs Chief Executive Officer Chief Financial Officer Beacon Lighting Beacon Lighting Ph: +61 3 9368 1000 Ph: +61 3 8561 1555

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