Investor Presentaiton
Woolworths Group Full Year Results 2023
Group trading performance
Group sales and EBIT
$ MILLION
Before significant items
Australian Food
H2 F23
F23
Excluding direct
COVID costs in the
prior year, EBIT
increased by 9.5%
H2 F23 SALES
CHANGE
H2 F23 EBIT
CHANGE
F23 SALES
CHANGE
F23 EBIT
CHANGE
23,487
7.6%
1,437
20.1%
48,047
5.0%
2,865
19.1%
Australian B2B1
2,066
12.0%
14
(49.3)%
4,324
17.4%
63
13.0%
New Zealand Food
3,537
8.7%
117
11.6%
7,240
2.1%
228
(22.9)%
New Zealand Food (NZD)
3,833
8.4%
127
10.3%
7,912
4.6%
249
(21.0)%
BIG W
Other 1,2
Total Group before significant items
Woolworths
Group
2,077
(0.3)%
11
(63.7)%
4,785
8.0%
145
165.3%
(42)
(11.1)%
(100)
90.4%
(102)
4.4%
(185)
51.7%
31,125
7.5%
1,479
13.1%
64,294
5.7%
3,116
15.8%
1 Revenue from the sales of goods and services in Australian B2B includes $351 million (2022: $302 million) of freight revenue. However, at a Group level, this is reclassified and recognised as a reduction in cost of sales. As a result, $351 million
(2022: $302 million) reduction has been recognised in Other. This has not resulted in a change to earnings before interest and tax at a Group level
2 Other comprises Quantium and MyDeal (which are not considered separately reportable segments), as well as various support functions, including property and Group and overhead costs, the Group's share of profit or loss of investments
accounted for using the equity method (including Endeavour Group), and consolidation and elimination journals
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