Turning ordinary companies into extraordinary performers, delivering strong and consistent shareholder returns in the process, while understanding that people create wealth, companies only report it
Mark Steyn
Chief Financial Officer
Trading profit
R12.4bn
+8.5%
Normalised
HEPS
1 912.6 cents
+4.3%
Total dividends
for the year
914 cents
+4.3%
Cash generated
by operations
R14.0bn
+15.3%
ROFE
37.3%
| R billion | Year ended 30 June 2024 | Year ended 30 June 2023 | Change |
|---|---|---|---|
| Revenue | 122.6 | 114.9 | 6.7% |
| Gross profit margin | 28.4% | 29.0% | ↓ |
| Expense margin | 18.7% | 19.5% | ↓ |
| EBITDA | 14.3 | 13.2 | 8.4% |
| Trading profit | 12.4 | 11.4 | 8.5% |
| Trading profit margin | 10.1% | 10.0% | ↑ |
| HEPS (cents) | 1 912.6 | 1 794.8 | 6.6% |
| Normalised HEPS (cents) | 1 964.8 | 1 884.7 | 4.3% |
| DPS (cents) | 914.0 | 876.0 | 4.3% |
| EBITDA interest cover (times)# | 7.0x | 8.2x | ↓ |
| Net debt/EBITDA (times) | 1.7x | 1.7x | ↑ |
| Cash generated from operations before working capital | 16.1 | 14.8 | 8.9% |
| Cash conversion* | 83.4% | 76.4% | ↑ |
| ROFE | 37.3% | 38.3% | ↓ |
| ROIC | 16.1% | 17.3% | ↓ |
| * | As % of trading profit; |
| # | Interest adjusted for IFRS16 |
Ethics hotline
BEE certificate
Vault register for alerts