Diluted HEPS 1 033cps (9.7% y-y).
Revenue up 2.6% y-y to R11.5bn. Existing stores contributed 2% of revenue growth, while new stores contributed 1% of growth.
Compared to the prior years’ pro-forma 52 weeks, revenue up 5% y-y.
GPM rose 10bps to 24.8%.
Total expenses well controlled, decreasing by 0.8% y-y, while expense-to-sales ratio down 80bps to 22.4%.
OPM up from 1.7% to 3.0%.
Dividend of 626.0cps (FY24: 561.0cps).
Net cash fell to R509m (FY24: R754m). This was mainly due to the June 2024 suppliers’ payments being processed in July 2025, in contrast to the prior year, where the supplier payments were processed within the reporting period.
Transactions through tills increased by 4% y-y.
Selling price inflation was 1.7% in FY25.
