FY Results – Group revenue increased by 19.4% to R55.1 billion with all territories experiencing double-digit growth. Online retail turnover contributed 9.1%. The group gross margin contracted by 60 basis points to 47.9% from the previous year’s 48.5%. Operating profit before finance costs rose by 12.4% to R5.4 billion. Profit after tax increased by 4.0% to R3.0 billion. HEPS fell 4.0% to 968.9 cents and a final dividend of 150.0 cents per share was declared (down 54.5%).
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