Diluted HEPS 95.0cps (+33.1% y-y) compared to 71.4cps LY.
Revenue increased by 20.3% y-y to R10 009m, driven by strong results from Construction Materials (+20.7% y-y) and Bulk Commodities (+15.7% y-y).
GPM decreased by 50bps to 17.5%.
Operating expenses increased by 11.5% y-y, expense-to-sales fell from 14.5% to 13.4%.
OPM decreased from 5.7% to 5.2%.
Dividend of 33cps (FY25: 25cps).
Cash from operating activities improved from R240m to R382m.
Gross debt rose from R1 859m to R2 354m.
Strong revenue growth was delivered by the Cement division (+54.3% y-y), but remains loss-making with an operating loss of R185m (OPM: -11.9%).
