Nice:
Double-digit growth across all Theatres, led by strong performance in Coffee
• Gross Margin % held broadly steady
• EBIT growth of 10.2% at the top end of February guidance, with operating expenses aligned to 11.4% Gross Profit growth
• NPAT growth of 14.6% driven by reduced average borrowing across the year
Wealth Creator
5 year chart
Return (inc div) 1yr: 25.02% 3yr: 19.33% pa 5yr: 7.06% pa
FY23 NPAT grew in line with sales at 4.2% (2H23 12.4%) after absorbing higher borrowing costs
• Seasonal total cash inflow of $90.9m in 2H23
• Full year cash outflow and an increase in net debt of $117.2m primarily due to acquisition of Lelit, $79.6m, and higher receivables following strong Q4 sales
Grrrrrrrind them coffee beans ..smell the flavour ..yummmmm
5yr Look:
Look No more the Growth is here:
