HY25 Half Year Results Announcement
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18 February 2025
Highlights:
- Net Sales up 14.8% to $676.5 million over the prior corresponding period (“pcp”)
- Adjusted EBITDA1 of US$143.8 million, up 15.2% on pcp
- Adjusted net profit after tax1 of US$76.0 million, up 12.3% on pcp
- Adjusted earnings per share of US9.8 cents per share, up 14.0% on pcp
- Results reflect full period contribution from Holman, acquired in March 2024
- Continued strong cash generation with a reduction in net debt; leverage2 reduced to 1.41 times
- Distribution of 5.0 cents per share: unfranked interim dividend of US2.50 cents per share and on-market share buyback of US$19.5 million