2023 Full-year results slide image

2023 Full-year results

Bunnings Group performance overview • FY23 continues a four-year period of significant growth: • • • - Sales have increased more than $5.3b or 40.7% Earnings (excl property) have increased more than $650m or 42.2% Revenue growth of 4.4% to $18.5b - Total store sales growth of 3.7% and store-on-store sales growth of 1.8% Growth in both consumer and commercial and across all trading regions, despite prolonged wet weather in 1H23 - 2H23 reflected strong activity from commercial customers partially offset by lower consumer sales - - Robust consumer demand continued for repairs and maintenance and smaller DIY projects, but with consumers more cautious in making big-ticket purchases and commencing larger projects Earnings growth (excl property) of 1.9% to $2.2b Reflects resilience of Bunnings' business model, supported by cost discipline and productivity initiatives to manage the impact of higher cost inflation during the year Return on capital (R12) of 65.4% - Higher average capital employed due to normalisation of inventory and improved stock availability post-COVID BUNNINGS warehouse NON STRUCTURAL PLYWOOD 2400x1200×12mm $1 46 (3 MISTRALIAN MADE PSC NON STRU 2400 A Washing NON STR AUSTRALI 24R1 MADE AUSTRALIAR MAIN FSC ON STRU 2400x 2023 Full-year results | 25
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