Download the 2023 Appendix 4E and financial statements for the year ended 31 December 2023 (PDF)
“I am very pleased to be reporting on a strong FY23 operational and financial performance for the Group. Our dedicated team has successfully delivered a business turnaround that has now generated three consecutive halves of stable earnings performance and cash generation resulting in a strengthened balance sheet.”
“We are committed to fostering a culture of continuous safety improvement, focused on active leadership participation and ongoing awareness programs to help reduce risk at the frontline. While this approach has resulted in a 39% improvement in TRIFR this year, we are reminded of the importance of the constant focus on safety.”
“We have recorded exceptional results across our core EMEA and Minopex businesses, and strong growth across our North and South American business units as they continue to deliver a material contribution to the Group. With legacy issues successfully resolved in the APAC business, we are delighted to report a positive EBIT for the first time in two years and expect continued operating stability, with a focus on revenue growth going forward.”
“The turnaround in financial performance and strength of our business units has facilitated the progression of a capital management review to establish the optimal capital return mechanism to shareholders.”
“I must thank our teams across the globe for their effort to deliver these solid results. I am confident that with this stable operating and financial foundation, combined with an existing $885 million in committed pipeline, we are well placed to build upon the positive outcomes delivered for all of our stakeholders.” - Chief Executive Officer and Managing Director, James Smith
A presentation for our shareholders hosted by James Smith, Chief Executive Officer, and Michael Sucher, Chief Financial Officer.