• Sales increased by 1.3% to $12.2 billion
• Underlying EBIT decreased by 8.7% to $845 million
• Underlying profit decreased by 14.8% to $363 million
• Focus on retail value and hotel transformation
• $300 million cost reduction program

Endeavour Group Ltd has released its 2026 Annual Report, highlighting a 1.3% increase in sales to $12.2 billion. However, underlying earnings before interest and tax (EBIT) decreased by 8.7% to $845 million, and underlying profit for the year decreased by 14.8% to $363 million. The company is implementing a $300 million cost reduction program, with $100 million planned for FY27. Endeavour is focusing on strengthening its retail business, particularly Dan Murphy's, and transforming its hotel operations to improve guest experiences. The company is also simplifying its portfolio and resetting its asset base to focus on core businesses.

FY27: Increase in capital and operational expenditure

Endeavour Group Ltd is focused on executing its strategic plan, with an increase in investment in FY27 to strengthen its business and deliver growth in subsequent periods.