Lycopodium Limited FY23 Financial Highlights and FY24 Guidance

Lycopodium delivered record underlying operating earnings in FY23, with revenue of $1.9bn (up 12%) and underlying EBITDA of $308.7m. FY24 guidance projects revenue of $1.7bn–$1.8bn and EBIT(A) of $130m–$140m, supported by a $5.1bn order book and 99.1% cash conversion.