DRA Global reports solid half-year results

Non-IFRS measure. A reconciliation is disclosed in the Appendix of the investor presentation.
Cash net of interest-bearing borrowings, other financial liabilities and lease liabilities.
Gearing is total borrowings (excluding lease liabilities) over equity.
Adjusted earnings per share is a non-IFRS measure. Earnings is adjusted for revaluation of Upside Participation Rights on issue. Refer note 8 to the half-year financial statements.

Key outcomes

Further stability delivered into underlying operating performance across our business units

Driving sustained momentum in Group profitability

Enabling substantial improvement in liquidity and net cash

Statement from DRA Global CEO and MD

“I am pleased with the solid result that the entire DRA team has delivered for the half-year. We have achieved further stability in underlying operating performance across our business units, driving sustained momentum in Group profitability.

“The hard work we have done has enabled a substantial improvement in liquidity and gearing, in line with our short-term capital allocation priorities.”

- Chief Executive Officer and Managing Director, James Smith