Feb 16 (Reuters) - Origin Energy Ltd (ORG) : EXPECT CASH FLOW...

Feb 16 (Reuters) - Origin Energy Ltd (ORG) :

• EXPECT CASH FLOW TO IMPROVE IN THE SECOND HALF OF FY2023 FOR ENERGY MARKETS
• ANTICIPATE FURTHER UNDERLYING EARNINGS GROWTH IN FY2024 FOR ENERGY MARKETS
• HY PROFIT ATTRIBUTABLE A$399 MILLION VERSUS LOSS OF A$131 MILLION
• DECLARES INTERIM DIVIDEND OF 16.5 AU CENTS PER SHARE
• ENERGY MARKETS’ UNDERLYING EARNINGS NOW EXPECTED TO BE TOWARDS THE HIGHER END OF THE EBITDA GUIDANCE RANGE FOR FY23
• HY TOTAL GROUP REVENUE A$8,760 MILLION VERSUS A$6,511 MILLION
• HY UNDERLYING PROFIT A$44 MILLION VERSUS A$268 MILLION
• BELIEVE ORIGIN'S CORE BUSINESS IS WELL POSITIONED TO SUCCEED THROUGH ENERGY TRANSITION
• SEES FY2023 ENERGY MARKETS UNDERLYING EBITDA TO BE HIGHER THAN FY2022 AT A$600 - A$730 MILLION
• EXPECT CASH FLOW TO IMPROVE IN THE SECOND HALF OF FY2023 FOR ENERGY MARKETS
• NO MATERIAL IMPACT EXPECTED ON FY2023 ENERGY MARKETS EARNINGS AS RESULT OF THE INTRODUCTION OF CAP ON UNCONTRACTED GAS
• SEES FOR FY2023 – FY2024 LNG TRADING A$40 - 80 MILLION
• ENERGY MARKETS BUSINESS EXPECTED TO EARN RETURN ON CAPITAL EMPLOYED IN FY2023 OF LESS THAN 4 PER CENT
• SEES FOR FY2025 – FY2026 LNG TRADING A$450 - 650 MILLION
• INTEGRATION GAS APLNG 100% FY23 CAPEX AND OPEX, EXCLUDING PURCHASES1 A$2.5 - 2.7 BILLION

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