Diluted HEPS from continuing ops of 418.4cps (1H24: 526cps).
Revenue decreased by 5.8% y-y to R18 063m, weighed down by a significant reduction in Vostochnaya Technica (“VT”) revenue.
OPM decreased by 90bps to 8.8%.
Total expenses decreased by 4.9% y-y to R16 476m, while expense-to-sales increased from 90.3% to 91.2%.
Dividend of 120cps (1H24:210cps).
Cash generated from operating activities improved from -R1 579m to -R252m.
Gross debt up 37.7% y-y to R10 707m, with net cash increasing to R5 913m.
