vodacom

EOH Holdings (EOH) 1H24 – Results Snapshot

Diluted HEPS improved by 35.3% y-y to -11cps in 1H24.
Revenue fell by 2.2% y-y to R3 146m.
GPM decreased from 29.0% to 26.7%.
OPM declined from 3.4% to 0.3%.
Expenses fell by 2.5% y-y, with expense-to-sales falling by 10bps to 25.7%.
No dividend.
Gross debt down 31.4% y-y to R958m.
Cash from operating activities improved from -R138m LY to +R105m CY.