Ann: Full year results presentation, page-8

cross posting from the other thread as this one seems dominant....apologies.

This is a fair result in a difficult year. Being the combination of the One Rail acquisition and the exceptionally poor weather.
With current gross dividend yield at 5.4% and some solid upside in the coming year I think we should be reasonably happy with this result.
Looking forward:
Coal
Volumes, revenue yield and EBITDA growth expected in FY2024
Bulk
Significant contract activity (with contract term of up to six years) contributing to higher volumes and EBITDA in FY2024
Network
EBITDA growth expected in FY2024 driven by a $125m increase in the (regulated) Maximum Allowable Revenue

The only real downside is the forecast increased interest costs of $300M (up $70M)

Combine the above with removal of one off $49M acquisition costs and FY24 should bring the yield up into the high sixes or possibly low sevens....not bad!