Reports
and results

Industrial [photo] 

Financial results

FY2015

Audited results for the year ended 31 March 2015
  • Highlights

    • Revenue at an all-time high of R16.8 billion - up 3.5% year-on-year
    • Operating profit up 4% - R1 476 million
    • Profit before tax level at R1 331 million
    • Headline earnings per share rose by 2.6% - R14.65 per share
    • Profit after tax of R934 million - down 5.8%, due to an overall higher effective tax rate
    • A- CREDIT RATING - Credit rating affirmed in July 2014 as A- (long-term) and A1- short-term), with a positive ratings outlook
    • Debt: equity ratio higher at 12.3% due to increased short-term working capital
    • Cash generated from operations remained steady at R1.8 billion

Unaudited results for the six months ended 30 September 2014
  • Major features:

    • Revenue increased by 1.1% to R7.6 billion
    • Profit for the period down 4.7% to R404 million
    • Operating marginremained steady at 8.3%
    • Basic earnings per share down 4.9% to 606.0 cents per share
    • Debt:equity ratio improvesfrom 35.7% to 29.7%
    • Dividend up 2.7% to 190 cents per share