|| Securities, Unissued Securities
|| Price on Application
The Company is a Member-based buying group that supplies its Customers with a range of rural merchandise and animal feeds. It offers its members buying
power through bulk purchasing and a way of increasing their product range without the need to invest in inventory.
The Company has eight distribution warehouses located around Australia and has developed its own line of branded products, enabling it to achieve consistent
growth in revenue and earnings. It has enjoyed profitable growth for the last ten years, reporting only one year of revenue decline (2013), with
CAGR in revenue from 2008 at 12.3% (17.8% from 2007).
The Company’s key growth objective is to achieve sustainable profitable growth and to increase return on capital employed. Sales growth is seen as
secondary to improved margins and growth in profits.
The Management team is led by the Founder, who has 36+ years’ rural retail experience.
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