Financials Orora Limited

Equities

End-of-day quote Australian S.E. Other stock markets 2024-12-12			5-day change	1st Jan Change
2.390 ^AUD	-1.65%		-0.83%	-8.08%

Dec. 11	Orora Completes Disposal of North American Packaging Solutions Business for AU$1.78 Billion; Buyback Scheme to Start	MT
Dec. 11	Orora to Buy Back Up to 10% Shares on Issue Following Sale of North American Business	MT

Fiscal Period: June	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	3,566	3,538	4,091	4,291	4,698	3,505	2,344	2,441
Change	-	-0.79%	15.62%	4.9%	9.47%	-25.38%	-33.14%	4.17%
EBITDA ¹	349.8	369.3	403.4	443.5	616.4	577	510.3	539.5
Change	-	5.57%	9.23%	9.94%	38.99%	-6.4%	-11.56%	5.73%
EBIT ¹	224.3	249.1	285.5	320.5	404	353.6	326.6	349.7
Change	-	11.06%	14.61%	12.26%	26.05%	-12.47%	-7.65%	7.06%
Interest Paid ¹	-50.5	-32.8	-26.7	-47.5	-103.1	-118.4	-57.96	-73.33
Earnings before Tax (EBT) ¹	36.6	177.7	258.8	247	260.5	245.6	268.4	285.4
Change	-	385.52%	45.64%	-4.56%	5.47%	-5.71%	9.27%	6.32%
Net income ¹	27.6	135.8	184.7	184.8	185.2	185.1	196.2	213.3
Change	-	392.03%	36.01%	0.05%	0.22%	-0.04%	5.97%	8.73%
Announcement Date	8/19/20	8/18/21	8/17/22	8/16/23	8/13/24	-	-	-

¹AUD in Million

Estimates

Fiscal Period: June	2020 S2	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2
Net sales ¹	1,731	1,814	1,724	1,989	2,102	2,264	2,027	2,024	2,674	2,296	1,123
Change	-	4.8%	-4.97%	15.35%	5.71%	7.72%	-10.5%	-0.14%	32.11%	-14.13%	-51.09%
EBITDA ¹	155	-	169.9	212.9	190.5	225.9	217.6	268.9	347.5	320	244
Change	-	-100%	-	25.31%	-10.52%	18.58%	-3.67%	23.58%	29.23%	-7.91%	-23.75%
EBIT ¹	91.2	140	109.1	154.5	131	165.8	154.7	170.7	238.3	184	149
Change	-	53.51%	-22.07%	41.61%	-15.21%	26.56%	-6.69%	10.34%	39.6%	-22.79%	-19.02%
Charge d'intérêts	-23.1	-14.6	-18.4	-13.3	-13.4	-21.1	-26.4	-32.5	-70.6	-	-
Earnings before Tax (EBT)	-	116.3	61.4	141.4	117.4	144.7	-	111.2	149.3	-	-
Change	-	-	-47.21%	130.29%	-16.97%	23.25%	-100%	-	34.26%	-100%	-
Net income ¹	-	97.4	38.4	100.3	84.4	108.1	76.7	68.2	117	95	100
Change	-	-	-60.57%	161.2%	-15.85%	28.08%	-29.05%	-11.08%	71.55%	-18.8%	5.26%
Announcement Date	8/19/20	2/17/21	8/18/21	2/15/22	8/17/22	2/15/23	8/16/23	2/18/24	8/13/24	-	-

¹AUD in Million

Estimates

Fiscal Period: June	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	292	453	629	774	1,754	174	480	442
Change	-	55.14%	38.85%	23.05%	126.61%	-90.08%	175.86%	-7.92%
Announcement Date	8/19/20	8/18/21	8/17/22	8/16/23	8/13/24	-	-	-

¹AUD in Million

Estimates

Fiscal Period: June	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	167.5	57.1	92.2	189.7	260.8	364	179.9	189.5
Change	-	-65.91%	61.47%	105.75%	37.48%	39.58%	-50.59%	5.35%
Free Cash Flow (FCF) ¹	-148.6	213.5	165.4	60.6	126.8	129.7	381.6	190.8
Change	-	-243.67%	-22.53%	-63.36%	109.24%	2.31%	194.17%	-50.01%
Announcement Date	8/19/20	8/18/21	8/17/22	8/16/23	8/13/24	-	-	-

¹AUD in Million

Estimates

Fiscal Period: June	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	9.81%	10.44%	9.86%	10.33%	13.12%	16.46%	21.77%	22.1%
EBIT Margin (%)	6.29%	7.04%	6.98%	7.47%	8.6%	10.09%	13.94%	14.32%
EBT Margin (%)	1.03%	5.02%	6.33%	5.76%	5.55%	7.01%	11.45%	11.69%
Net margin (%)	0.77%	3.84%	4.52%	4.31%	3.94%	5.28%	8.37%	8.74%
FCF margin (%)	-4.17%	6.03%	4.04%	1.41%	2.7%	3.7%	16.28%	7.81%
FCF / Net Income (%)	-538.41%	157.22%	89.55%	32.79%	68.47%	70.07%	194.53%	89.44%
Profitability
ROA	3.98%	6.5%	7.12%	6.71%	5.09%	5.59%	5.82%	6.2%
ROE	9.54%	17.42%	24.34%	24.13%	12.81%	8.19%	9.04%	10.42%
Financial Health
Leverage (Debt/EBITDA)	0.83x	1.23x	1.56x	1.75x	2.84x	0.3x	0.94x	0.82x
Debt / Free cash flow	-1.97x	2.12x	3.8x	12.77x	13.83x	1.34x	1.26x	2.32x
Capital Intensity
CAPEX / Current Assets (%)	4.7%	1.61%	2.25%	4.42%	5.55%	10.39%	7.68%	7.76%
CAPEX / EBITDA (%)	47.88%	15.46%	22.86%	42.77%	42.31%	63.1%	35.25%	35.13%
CAPEX / FCF (%)	-112.72%	26.74%	55.74%	313.04%	205.68%	280.62%	47.14%	99.33%
Items per share
Cash flow per share ¹	0.0195	0.2898	0.2957	0.2944	0.3085	0.4176	0.4001	0.3625
Change	-	1,386.41%	2.01%	-0.43%	4.79%	35.37%	-4.2%	-9.38%
Dividend per Share ¹	0.493	0.14	0.165	0.175	0.1	0.0953	0.111	0.129
Change	-	-71.6%	17.86%	6.06%	-42.86%	-4.74%	16.5%	16.22%
Book Value Per Share ¹	1.069	0.88	0.8656	0.9466	1.557	1.936	1.913	2.04
Change	-	-17.68%	-1.64%	9.36%	64.47%	24.34%	-1.19%	6.67%
EPS ¹	0.029	0.145	0.212	0.217	0.147	0.1413	0.1654	0.1886
Change	-	400%	46.21%	2.36%	-32.26%	-3.9%	17.07%	14.05%
Nbr of stocks (in thousands)	964,748	874,307	845,089	843,653	1,339,407	1,339,536	1,339,536	1,339,536
Announcement Date	8/19/20	8/18/21	8/17/22	8/16/23	8/13/24	-	-	-