Investor Presentaiton
Group Results Summary
Portfolio diversification and execution drives revenue and profit higher, while investing for growth
A$ million
2023
2022
Change %
Normalised results
Operating revenue
EBITDA
EBITDA margin
6,295.7
5,573.7
13.0
2,105.4
1,850.9
13.8
33.4%
33.2%
0.2 pts
•
EBITA
1,807.7
1,592.9
13.5
NPAT
1,245.1
1,000.9
24.4
NPATA
1,326.6
1,099.3
20.7
Earnings per share (fully diluted)
189.6c
150.2c
26.2
EPSA (fully diluted)
202.0c
165.0c
22.4
Total dividend per share
64.0c
52.0c
23.1
Reported results
Revenue
6,295.7
5,573.7
13.0
Profit after tax
1,454.1
948.5
53.3
NPATA
1,535.6
1,046.9
46.7
Balance sheet and cash flow
Net working capital/revenue
Operating cash flow
Closing net (cash)/debt
Net (cash)/debt to EBITDA
2.2%
1.2%
1.0 pts
1,799.1
1,246.0
44.4
(809.1)
(564.0)
43.5
(0.4)x
(0.3)x
0.1x
Note: Refer to the Operating and Financial Review for definitions and explanations of line items
Revenue up 13% (7% in constant currency)
Revenue growth driven by strong performance of North
America Gaming Operations and global Outright Sales
Pixel United revenues (US$) declined but stabilised over the
course of the year, while continuing to take share
EBITA up 14% (6% in constant currency), with positive revenue
drivers and broadly stable margins across the Group
reflecting:
。 Continued, but easing, supply chain challenges
o Product mix favouring Outright Sales
。 Sustained investment over time in great talent,
technology and product
Strong operating cash flow and superior financial
fundamentals maintained
Conservative balance sheet and ample liquidity,
with higher interest income benefiting net interest
$811 million cash returned to shareholders through dividends
and on-market share buy-backs, while maintaining investment
optionalityView entire presentation