FY Results – Revenue and EBITDA grew 16% and 19%, respectively. HEPS increased only by 1% to R20.46, with a dividend of R7.10 per share. Aftermarket Parts grew +52%, Retail and Rental +14%, Mobility Solutions +9%, and Import and Distribution +3%. Funding growth incurred an R5.8 billion net working capital outflow, raising net debt to equity from 36% to 77%. Trends indicate downscaling to affordable vehicles. SA operations contributed 61% to revenue and 73% to EBITDA, while the UK, Australia, and South East Asia contributed the rest.
Click Here to Read the SENS