Key facts about Endeavour Group's 2024 half-year financial report

Endeavour Group Limited (ASX: $EDV) has released its 2024 half-year financial report for the 27-week period ended 31 December 2023. The report includes the declaration of a $256 million dividend and the disclosure of gaining control of Vino Logics Corp. on 19 October 2023.

Executive commentary on the 2024 half-year financial report

The Directors of Endeavour Group Limited presented the report, highlighting the $256 million dividend declared and the gain of control of Vino Logics Corp. during the half-year ended 31 December 2023. The report also includes the Auditor's Independence Declaration and the Directors' Declaration, affirming compliance with International Financial Reporting Standards and the Corporations Act 2001.

Summary of Endeavour Group's 2024 half-year financial report

Endeavour Group's 2024 half-year financial report reveals a $256 million dividend declared and the gain of control of Vino Logics Corp. The report also indicates a deficiency in net current assets of $356 million as at 31 December 2023, with $2,950 million in external financing facilities and $914 million in cash flows from operating activities during the half-year. The Group has determined to pay an interim dividend of 14.3 cents per ordinary share fully franked at a 30% tax rate for the half-year ended 31 December 2023.