Investor Presentaiton
6
Ongoing actions on price and cost
Continuing to proactively manage the controllables to deliver ongoing benefits.
1. Pricing to compensate for inflation:
>$1.1bn in FY23
2. Cost productivity and flexing:
Reduction of >$200m costs, including >1,200 Full Time Employees in FY23
3. Structural cost reduction:
~$50m total benefits. ~$35m in FY24 (H2 weighted) and balance in FY25
Benefits from these key actions expected to have an ongoing favorable
impact on earnings leverage
Notes: Non-GAAP measures exclude items which are not considered representative of ongoing operations. Further details related to non-GAAP measures including Adjusted EBITDA and Adjusted Free Cash
Flow and reconciliations to U.S. GAAP measures can be found in the appendix section.
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