2023 Full-year results
Officeworks performance overview
•
Revenue growth of 5.9% to $3,357m
.
Improved Back to School trading results, including a
benefit from NSW back-to-school voucher program
- Significant growth in B2B sales.
- Above-market sales growth in technology products
Growth in demand across stationery, art, office supplies
and Print & Create as foot traffic to stores increased
Earnings growth of 10.5% to $200m
-
Targeted investment over recent years in productivity
and efficiency programs delivering lower fulfilment and
operating costs
- Increased investment in everyday low prices and value
for customers, including strong growth in private label
W
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•
ROC (R12) of 18.3%
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