2023 Outlook & Conclusion slide image

2023 Outlook & Conclusion

OTR Group Acquisition Transaction highlights Viva Energy to acquire OTR Group for $1.15bn. Completion expected in 2H20231. Contributes $165M to EBITDA (post synergies) on a pro-forma basis². A best-in-class convenience and QSR capability that generates $3.9M of sales per store (versus Coles Express at $1.6m)³. Further earnings upside from transforming suitable stores in Viva Energy's national network to the 'full-service' OTR offer. Growth pipeline of 90+ OTR stores (mostly outside South Australia). Conservative synergy estimates ($60M p.a. realised in 3 years), with procurement benefits not yet quantified. 1. Subject to regulatory approvals. 2. 3. Earnings contribution is calculated using OTR Group's pro forma FY2023 (June-end) forecast period including synergies. Estimated run-rate synergies of approx. $60M p.a. are anticipated in three years following completion. Average sales per store calculated in FY2021-2022 (June-end). CONTHERN operto oporto. COFFEE Loporto VIVA EnergyAustralia VCK & DEPREZ 2MYCKE HEAL BOX SNACKS & DESSERTS Bay BONDI BOX $10 oporto. 6
View entire presentation