FY Results – Group revenue increased by 7.4% to R32.7 billion compared to the previous year. HEPS saw a growth 17.4%. The final dividend declared per share decreased by 8.7% to 18.45 cents, while the total dividend declared per share increased by 17.3% to 46.57 cents. Retail revenue grew by 6.5%, and wholesale revenue grew by 10.4%. The Group’s total income margin improved, resulting in higher EBITDA and operating margins. Expenses increased by 16.1%, primarily due to new store investments and employee costs. Net financing costs increased by 11.8%. The Group’s inventory and trade receivables increased, while net working capital improved slightly. Capital expenditure amounted to R1.1 billion.
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