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Together we have achieved much during the past year, in the face of formidable challenges. The coming year is set to be as challenging, but as we look to important milestones in our Reimagine journey, I feel confident with the support of the committed, passionate and skilled people of this company, we will realise them together.
ADRIAN MARDELL
INTERIM CHIEF EXECUTIVE OFFICER
FISCAL YEAR AT A GLANCE
pound
Revenue
£
22.8
billion
graph
Profit before tax and exceptional items
£
64
million
money
Free cash flow
£
521
million
coins
Net debt
£
3.0
billion
tag
Wholesales
£
321362
units
tag
Retail sales
£
354662
units
Looking ahead, the macroeconomic and geopolitical environments remain challenging and supply chains remain fragile. However, we
expect volumes to further improve in FY2023/24 with semiconductor supply continuing to improve. We expect to be able to build on the strong
business performance seen in the second half of this year supported by our great products, strong brands and commitment to the Reimagine
strategy.
Richard Molyneux
ACTING CHIEF FINANCIAL OFFICER
