Tiger Brands expects FY25 results to show a strong rebound, HEPS up 10% to 15% to between 1,991c and 2,081c. On a continuing basis, HEPS should increase 25% to 30% to between 2,075c and 2,158c. The improvement reflects double-digit operating margins, higher volumes across most business units, and gains from portfolio optimisation, including disposals of Carozzi, the baby wellbeing division, and the sale of Chococam. Results are due 26 November 2025.
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