Strategic Growth and Financial Position Update
Strong financial position supports growth through the cycle
Metric
Net Debt
30 June
2015
30 June
94.8
2016
88.4
30 June
2017
79.8
Leverage Ratio
Net Debt/ EBITDA
1.1
1.1
0.9
Interest Cover
EBITDA / Net Interest
12.8
14.3
17.1
Gearing
Net Debt/ (Net Debt +
24%
22%
20%
Equity)
G
Source: GWA.
■ GWA remains in strong financial position - credit metrics
continue to be consistent with investment grade
■ Net debt $80m - reflects strong cash generation
■ Substantial headroom within $225m syndicated banking facility
maturing October 2019
◉
▪ $113m in undrawn facilities
■ Provides enhanced financial flexibility to invest in strategic
growth initiatives through the cycle
GWA
Group Limited
inspire
Caroma
CLARK
dorf
Gainsborough
API
ENTER WITH STYLE
Locksmiths
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