Diluted HEPS of 1 969cps (FY23: 2 073cps).
Turnover decreased by 5.8% y-y to R8 379m.
GPM increased by 170bps to 37.7%.
OPM remained flat at 12.0%.
Total expenses decreased by 3.4% y-y to R2 156m, while expense-to-sales increased from 23.7% to 25.7%.
Dividend of 1 025cps (FY23: 1 025cps).
Cash generated from operating activities increased from R642m to R1 334m.
Gross debt down 34.8% to R3 611m, with net cash increasing to R161m.
In the Consumer-related products segment, the wholesale and retail, and security sectors declined in 2024, which negatively affected the businesses supplying products and services to these sectors, other than Automotive Aftermarket and Rutherford.
Both Brigit Fire and Plasti-Weld were integrated into the Engineering consumables segment, resulting in turnover and operating profit increasing.
