Investor Presentaiton
Strong returns to shareholders
Operating cash flow (high cash realisation)
Targeting investment grade credit metrics
Dividends
70-75%
Target full-year payout ratio
Sustaining CAPEX
Cash and balance sheet management
Growth CAPEX
> Organic and
inorganic
growth
investments
Sustain the core
Stay-in-business
>
> Technology transition
Renewals/EGMs
Remaining cash
Deliver strong shareholder value creation
Targeting
> Intention to
return any
excess cash to
shareholders
Since Demerger we have delivered:
> Sales growth of $289m (+2.5%)
> EBIT growth of $124m (+13.8%)
>ROFE of 11.8% (+66bps)
> EPS growth of 19.0%
> Fully franked Dividends returned to
shareholders of $752m1
> Dividend yield² of 3.5%
Sales ahead of
market
> EBIT growth
ahead of sales
endeavour
group
Sustainable shareholder
value creation
1. F22 and F23 declared dividends
2. Calculated as F23 full-year dividend divided by the Group's closing share price as of 23 June 2023.
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