Trading Statement – Consolidated headline earnings per shar are expected to increase by between 3% and 5% over the prior to a range of between 546,5 and 557,1 cents per share. Group revenue increased by 7.8%, driven by selling price hikes to offset currency depreciation and rising raw material costs. Gross profit margin slightly improved due to various factors, including cost control and strong performance from biscuit brands and footwear and apparel segments. Selling and administrative expenses rose above inflation rates, influenced by higher fuel prices, increased marketing and innovation investments, and the absence of insurance proceeds from the previous year.
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