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Investor Presentaiton

Treasury Premium Brands Continued focus on portfolio premiumisation, with priority brands in growth Performance summary' Reported Currency Constant Currency A$m F23 F22 % F22 % • Volume (m 9Le) 14.3 16.0 (10.4)% 16.0 (10.4)% ⚫ EBITS increased 4.0% and EBITS margin improved 0.9 ppts to 10.4%: NSR 782.4 829.8 (5.7)% 820.7 (4.7)% ANZ 367.2 382.1 (3.9)% 381.4 (3.7)% Asia 73.0 72.7 0.4% 73.3 (0.5)% Americas 27.4 33.8 (18.9)% 32.5 EMEA 314.8 341.2 (7.8)% 333.5 (15.5)% (5.6)% NSR per case (A$) 54.7 52.0 5.2% 51.5 6.3% EBITS 81.7 86.4 (5.4)% 78.6 4.0% EBITS margin (%) 10.4% 10.4% 0.0ppts 9.6% 0.9ppts F23 Luxury and Premium contribution to division NSR - Volume and NSR declined 10.4% and 4.7% respectively, with reduced Commercial portfolio volumes in the UK and Australia partly offset by growth for the priority Premium brand portfolio, including 19 Crimes which grew NSR 8% - NSR per case increased 6.3% reflecting price increases across select portfolio brands and improved portfolio mix - Division EBITS includes $5.9m asset sale gain • The focus on continued top-line growth of the priority Premium brand portfolio, in addition to cost optimisation initiatives, is expected to deliver modest EBITS margin growth in F23, towards the revised divisional mid-teens target (from high-teens previously) 1. 29 61% 3ppts vs. pcp Unless otherwise stated, all figures and percentage movements are stated on a constant currency basis versus the prior corresponding period and are subject to rounding TWE
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