Diluted HEPS 34cps compared to 5cps (restated) LY. DHEPS from Continuing Operations improved from 11cps to 41cps (+273% y-y). Discontinued Ops DHEPS of -7cps (LY -6cps).
Revenue improved by 20.8% y-y to R4 602m over the restated 1H22 revenue of R3 811m. Strong growth by each segment.
OPM improved by 50bps to 13.3%
Expenses increased by 20.1% y-y to R3 992m. Expense to sales decreased from 87.2% to 86.7%.
16cps interim dividend declared.
Cashflow from operations improved from -R16m to R386m.
Gross debt up 38.6% y-y.