Unlikely to be positive. Maybe more inventory / ERP and accounting issues, otherwise it’s hard to comprehend how trading has further deteriorated for a business that has long stated how much of its goods are non-discretionary.

If I’ve read the announcements correctly, there should be a market update on the trading and financials before the Wednesday 1H26 results.

After today’s update from Adrad, I wonder what could Adrad take advantage of in their distribution division while Bapcor bleeds out?