Dowlais Group Income Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	4,601	4,864	4,595	4,123	4,126
Revenue Growth (YoY)	-6.31%	5.85%	11.45%	-0.07%	-
Cost of Revenue	3,886	4,107	3,937	3,542	3,656
Gross Profit	715	757	658	581	470
Selling, General & Admin	825	826	655	582	611
Other Operating Expenses	-9	-	1	1	1
Operating Expenses	816	826	656	583	612
Operating Income	-101	-69	2	-2	-142
Interest Expense	-99	-80	-39	-37	-50
Interest & Investment Income	-	-	-	-	7
Earnings From Equity Investments	67	51	49	38	32
Currency Exchange Gain (Loss)	-	22	-83	-93	85
Other Non Operating Income (Expenses)	-8	3	8	5	3
EBT Excluding Unusual Items	-141	-73	-63	-89	-65
Merger & Restructuring Charges	-	-	-	-165	-108
Impairment of Goodwill	-449	-449	-	-	-
Asset Writedown	-	-	-	-	-51
Pretax Income	-590	-522	-63	-254	-224
Income Tax Expense	-79	-27	14	44	-28
Earnings From Continuing Operations	-511	-495	-77	-298	-196
Minority Interest in Earnings	-6	-6	-5	-4	-3
Net Income	-517	-501	-82	-302	-199
Net Income to Common	-517	-501	-82	-302	-199
Shares Outstanding (Basic)	1,359	1,362	1,365	-	-
Shares Outstanding (Diluted)	1,359	1,362	1,365	-	-
Shares Change (YoY)	-0.44%	-0.22%	-	-	-
EPS (Basic)	-0.38	-0.37	-0.06	-	-
EPS (Diluted)	-0.38	-0.37	-0.06	-	-
Free Cash Flow	-74	-40	8	68	217
Free Cash Flow Per Share	-0.05	-0.03	0.01	-	-
Dividend Per Share	0.042	0.042	-	-	-
Gross Margin	15.54%	15.56%	14.32%	14.09%	11.39%
Operating Margin	-2.20%	-1.42%	0.04%	-0.05%	-3.44%
Profit Margin	-11.24%	-10.30%	-1.78%	-7.32%	-4.82%
Free Cash Flow Margin	-1.61%	-0.82%	0.17%	1.65%	5.26%
EBITDA	325	356	427	239	107
EBITDA Margin	7.06%	7.32%	9.29%	5.80%	2.59%
D&A For EBITDA	426	425	425	241	249
EBIT	-101	-69	2	-2	-142
EBIT Margin	-2.20%	-1.42%	0.04%	-0.05%	-3.44%

Source: S&P Capital IQ. Standard template. Financial Sources.