Diluted HEPS 79.1cps (-5.4% y-y). Revenue up by 3.2% y-y. Group GPM down 157bps from 45.8% to 44.2%, with Retail GPM up 29bps to 36.2%, Manufacturing GPM down 359bps to 29.2%, and Supply and Support Services GPM down 139bps to 11.3%. Expense growth +9.3% y-y with expense to sales ratio up from 19.5% to 20.7%. OPM decreased to 27.8%. Interim dividend of 32.0cps (FY21: 34cps). Gross debt up to R556m (LY: R539m) with cash R830m (LY: R548m).
