Profit lower, with strong cash generation driving increased dividend
Half And Full Year
Origin makes a significant contribution to the communities in which it operates. Read our updated full Income Tax Transparency Report.
During FY2019, we delivered strong performance, achieved our target capital structure and returned capital to shareholders.
Origin Energy Limited (Origin) today announced a Statutory Profit of $1,211 million for FY2019. Underlying EBITDA was $3,232 million, with Underlying Profit of $1,028 million, an increase from $726 million on the prior year.
Origin's third Tax Contribution Report aligns with the recommendations of the Board of Taxation’s voluntary Tax Transparency Code, which aims to increase transparency around how much tax businesses pay and why.
Origin reports solid performance from continuing operations.
We made good progress towards reducing debt and improving business performance.
Strong operational performance with earnings impacted by low oil prices, material debt reduction of $4 billion.