Investor Presentaiton
Retail key metrics.
Non-fuel RCOP EBIT uplift target achieved 2 years ahead of schedule as the shop strategy delivered improved performance
Network shop sales growth
2.3%
Total network shop sales growth1 (LFL² basis)
Retail fuel volume
3,842 ML
Total retail fuel sales up 1 0.5% on LFL basis
51.5%
Premium fuel volume, down 1 0.7 ppt
Network KPIs
645
Company controlled retail sites³ down1 5.7%
33.9%
Shop gross margin up 2.7 ppt
Non-fuel EBIT Uplift³
$89.4 m
Delivered to date
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Retail RCOP EBIT up 1 37%
Rationalisation of retail network and focus on store
performance continued to deliver benefits
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Company controlled network reduced¹ by 5.7%
Delivered non-fuel RCOP EBIT uplift² target two
years ahead of plan
Network shop sales up 1 2.3% on LFL basis; 8%
(excluding tobacco)
Significantly increased 1 shop gross margin (post
waste and shrink) with continued focus on range,
segmentation and promotional activity
Further efficiencies in store labour and operating
costs have contributed to material improvement in
shop contribution
Fuel margins stabilised in 2H 2022 following sharp
cost increases which compressed margins in the
first half
Second half recovery¹ in LFL fuel sales volume
Improved cost of doing business in second full year
of company operated model
Л
Notes:
1.
Compared to 2021 adjusting for network changes
2.
3.
AMPOL
4.
Cumulative non-fuel RCOP EBIT uplift from a base of 2019 achieved from 1 January 2020 to 31 December 2022, compared to $85m target by 2024
Company controlled sites includes Company Owned Company Operated sites (COCO) and Company Owned Retailer Operated (CORO) and diesel stop sites
Shop gross margin (post waste and shrink). Shop gross margin (pre-waste and shrink) was 35.9%
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