Diluted HEPS 801cps (+21.7% y-y).
Turnover increased by 2.6% y-y to R57 663m, due to increased sales volumes in the South African vehicle market, partially offset by lower new vehicle sales volumes in the UK Retail Commercial division and Australia Retail.
OPM increased by 20bps to 4.7%.
Expenses increased by 2.4% y-y with expense-to-sales decreasing by 20bps to 95.3%.
Dividend of 300cps (1H25: 240cps).
Cash generated from operating activities improved from R186m to R1 935m.
Net working capital decreased by R1.1 bn from 30 June 2025 to R11.0 bn.
The Group’s passenger and commercial vehicle operations retailed 65 127 new units (1H25: 60 376 new units) and 46 784 pre-owned units (1H25: 45 131 pre-owned units).
In SA, the Group sold sold 49 360 new vehicle units (1H25: 43 526 new vehicle units) and 35 491 pre-owned vehicle units (1H25: 33 923 pre-owned vehicle units).

