EOH Holdings (EOH) FY23 – Results Snapshot

Diluted HEPS fell to -21cps from -11cps (restated). Diluted HEPS from continuing operations improved from -45cps (restated) to -19cps.
Revenue increased by 3.3% y-y to R6 229m.
GPM remained flat at 28.0%.
OPM increased by 50bps to 2.2%.
Expenses increased by 0.1% y-y, while expense to sales fell from 26.4% to 25.9%
No dividend.
Gross debt down 42% y-y to R834m.
Net cash down 50% y-y to R204m.
Cashflow from operations -R90m.