Strengthening our balance sheet
Strengthening of balance sheet underpinned by strong cash flow generation
Continued net debt reduction, ~50% lower 4Q23 versus 4Q19
Doubled weighted average duration of debt book to ~10 years – 4Q23 versus 4Q19
Increased proportion of fixed interest rate debt to ~60% of gross debt at 4Q23, versus 38% 4Q19
Delivering long-term value for our shareholders
Delivering long-term value for our shareholders
52% increase in ordinary dividend per share since 2021
Reduced issued share capital by 19% through share buybacks announced since 2021