Investor Presentaiton
Woolworths Group Full Year Results 2023
Australian B2B
F23
F22¹
CHANGE
Sales and EBIT breakdown by continuing and exited business
F23
F221
CHANGE
Sales ($m)
4,324
3,684
17.4%
Sales ($m)
Continuing businesses
3,947
3,217
22.7%
B2B Food (Woolworths Food Company 3rd party)
3,126
2,599
20.3%
Exited businesses
377
467
(19.2)%
B2B Supply Chain (Primary Connect 3rd party)
1,198
1,085
10.4%
Total Australian B2B sales
4,324
3,684
17.4%
EBITDA ($m)
EBIT ($m)
EBIT to sales (%)
ROFE (%)²
F23 SUSTAINABILITY METRICS
Scope 1 & 2 emissions (tonnes)4
176
154
14.8%
EBIT ($m)
63
56
13.0%
Continuing businesses
105
62
68.7%
1.5%
1.5%
(6) bps
Exited businesses (included exit costs)³
(42)
(6)
n.m.
Total Australian B2B EBIT
63
56
13.0%
5.0
4.2
83 bps
73,585
78,483
(6.2)%
F22 ROFE has been calculated based on the average of mid and closing funds employed
1
Prior period restated to exclude Woolworths Work which has moved to Australian Food
2
Woolworths
Group
3
4
In addition to the exit costs, $30 million was recognised in relation to the exit of the Summergate business in significant items in H1
F23 & F22 emissions data reflect market-based scope 2 electricity reporting. F22 has been restated to also reflect new guidance from the Clean Energy Regulator for treatment of Australian Carbon Credit Units
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