{
  "docId": "019dd923-5eff-723e-9be7-18ea4b1a1e93",
  "docSlug": "a8d6e9b71767e896",
  "documentTitle": "2024 FY Results Presentation",
  "authorId": "IHG",
  "authorName": "IHG",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 20,
  "pageCount": 66,
  "prevPage": 19,
  "nextPage": 21,
  "slideType": "financial_analysis",
  "function": "present_solution",
  "density": "overcrowded",
  "nDataPoints": 8,
  "notes": "The slide outlines a three-pillar capital allocation framework and provides specific financial performance metrics for FY2024.",
  "elementsJson": [
    "headline_text",
    "icon_grid",
    "paragraph",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5eff-723e-9be7-18ea4b1a1e93/20",
  "deckHref": "/decks/019dd923-5eff-723e-9be7-18ea4b1a1e93",
  "deckJsonHref": "/decks/019dd923-5eff-723e-9be7-18ea4b1a1e93.json",
  "deckAnchorHref": "/decks/019dd923-5eff-723e-9be7-18ea4b1a1e93#slide-20",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "FY24: $259m ordinary dividends + $800m buyback = >$1.0bn or 7.1% of opening market cap",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-731c-72d9-9022-2899b1994885",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.94,
        "x": 0.03,
        "y": 0.22
      },
      "kind": "framework",
      "text": "Capital Allocation Framework",
      "attrs": null,
      "subkind": "instance",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4ca90069-be62-463d-8bdd-76d7fb1770ef",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Shareholder returns: $900m",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-731c-72d9-9022-2e102c2c1d26",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.94,
        "x": 0.03,
        "y": 0.81
      },
      "kind": "paragraph",
      "text": "FY24: $259m ordinary dividends + $800m buyback = >$1.0bn or 7.1% of opening market cap",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3ad14e9a-8b3e-489b-baaa-6139d6944ae6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.94,
        "x": 0.03,
        "y": 0.45
      },
      "kind": "paragraph",
      "text": "Objective of maintaining an investment grade credit rating. 2.5x – 3.0x Net Debt:Adjusted EBITDA under normalised conditions. As of 31 December 2024: Net debt $2,782m / Adjusted EBITDA $1,189m = 2.3x",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "775fdf2b-a2d8-4e98-8b65-fc467a067a4f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.94,
        "x": 0.03,
        "y": 0.63
      },
      "kind": "paragraph",
      "text": "$800m buyback completed in 2024. 7.5m shares repurchased. 4.6% reduction in share count",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "86bf0539-26de-418e-b84d-562752507eae",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.94,
        "x": 0.03,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "1. Definitions for non-GAAP measures can be found in the ‘Use of key performance measures and non-GAAP measures’ section of the results announcement...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c7d99608-03ab-47e3-a866-5646a4700018",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.94,
        "x": 0.03,
        "y": 0.07
      },
      "kind": "title",
      "text": "Continuing our capital allocation approach to routinely return surplus capital to shareholders – further $900m buyback announced for 2025",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "34dba57a-9fc7-43f1-a287-9d5727b16ea8",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "capital-allocation-framework",
      "slug": null,
      "matchId": "d555ac63-7ec9-420f-8286-3b1748f06eb9",
      "evidence": "Three-pillar approach to capital allocation (Invest, Grow Dividend, Return Surplus)",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}