EDV 0.20% $4.93 endeavour group limited

Ann: F23 Results Investor Presentation, page-4

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  1. 10,769 Posts.
    lightbulb Created with Sketch. 1422
    Page 20 compares FY 19 (pre-COVID) and FY 23 (post-COVID) performance and (at least nominally, as EDV hasn't adjusted for CPI) the metrics are good. There's been an expansion in margins.

    Page 25 shows net debt rising hugely by 57.82 per cent to A$1,921,000,000. But A$237 million is 'non-cash'. The maturity profits shows much has to be renegotiated in FYs 25 and 26.

    In the first six weeks of FY 24, retail sales growth of 2.5 per cent and hotels at 4.6pc is below CPI, but nonetheless impressive given that some retailers are experiencing falls of 5-12 per cent in FY 24 sales to date. This may suggest Australians value their occasional night out at an EDV pub, or purchasing liquor from Dan's and BWS more than buying additional clothing and footwear.


    Last edited by Hopeful9: 16/08/23
 
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