Ventia Services Group Limited (Ventia) announced its financial results for the 12 months to 31 December 2022 (CY22) on 24 February 2023.
Result highlights:
Outperformance on key prospectus metrics
Continued positive safety momentum
with TRIFR1 down 14.1%
Pro forma Revenue of $5,167.5 million, up 13.4% on FY21
Pro forma EBITDA of $419.8 million, up 10.5%
with margin of 8.1%
Work in hand increased to $18.0 billion, up 7.1%
Prudent cash focus delivered pro forma operating cash flow conversion of 88.9%2
A Final Dividend of 8.28 cents per share,
franked to 80%, results in a full year dividend of 15.75 cents per share
Guidance - FY23 NPATA growth of 7-10% on FY22 pro forma NPATA
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