Trading Statement – Strong subscriber growth and profitability in Rest of Africa contributed to the financial performance. Cost savings from the cost optimization program exceeded targets. A challenging South African environment and increased investment in decoder subsidies and marketing for the 2022 FIFA World Cup impacted the results. Trading profit is expected to be 0%-5% lower than the previous year, but on an organic basis, it may be 3%-8% higher. Headline earnings per share for FY23 is expected to decrease by a range of 671 ZAR cents to 690 ZAR cents (>100%) compared to the FY22.
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