Calgro M3 reported HEPS for FY25 down 9.31% y/y to 171.36c, from a restated 188.95c in FY24. Revenue fell 32.69% y/y to R868.9m, impacted by subdued market conditions and a strategic shift toward infrastructure investment. Gross margins improved to 29.43%, with the Residential Development gross margin up to 27.65% and Memorial Parks up sharply to 50.09%. The group declared a final dividend of 8.63703c per share, down 9.03% y/y.
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