Financial results
FY2016
Audited results for the year ended 31 March 2016
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Highlights
- Revenue remained flat at R16.8 billion
- Profit after tax of R702 million down 25%
- Operating profit down 19% - R1 189 million
- Headline earnings per share down 29% - 1 033 cents
- Profit before tax of R1 012 million - down 24%
- A- CREDIT RATING - affirmed by Global Credit Rating in July 2015 at A- (long-term) and A1- (shortterm), with a positive ratings outlook
- UNGEARED BALANCE SHEET: with a net cash positive position of R228 million at year-end compares favourably with the 12% gearing recorded at FY2015
- Cash generated from operations increased to R2.3 billion up R1.3 billion year-on-year
Unaudited results for the six months ended 30 September 2015
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Highlights:
- Revenue increased by 2.2% to R7.8 billion
- Profit for the period down 18.1% to R331 million
- Operating margin down to 6.9%
- Headline earnings per share down 19.0% to 494.0 cents per share
- Debt: equity ratio improves from 29.7% to 22.8%
- Dividend up 5.3% to 180 cents per share