Strong Cash Performance
The group demonstrated a robust cash performance with a 3-year rolling cash realization ratio of 106% and an increase in operating cash flows by almost 60%.
Food Segment Growth
The Food segment showed strong earnings growth with EBIT up by 6.1%, excluding strategy and integration costs. The segment also benefited from a more diversified and resilient business model.
Successful Integration and Growth in Campbells & Convenience
Campbells & Convenience experienced strong growth, becoming a leading supplier in the petrol and convenience sector with new contracts, including a significant one with BP.
Continued Market Share Gains in Liquor
The Liquor segment continued to gain market share despite challenging market conditions, supported by strategic initiatives like the Platinum growth program and the acquisition of Steve's Liquor Warehouse group.
Total Tools and Hardware Group Sales Growth
Total Tools showed strong underlying growth, supported by improved operational performance and new store openings.
Digital Transformation in Wholesale Business
The Sorted platform is on track to become one of the largest B2B digital marketplaces in the country, representing over 30% of group revenue.