Diluted HEPS of 564.4cps (FY24: 915.1cps).
Revenue decreased by 0.7% y-y to R9 995m.
Gross profit margin down by 400bps to 27.8%.
Operating profit margin down by 370bps to 12.5%.
Revenue and margins declined due to lower US Dollar fish oil prices, which halved from the record levels achieved in the previous year.
Operating expenses decreased by 3.5% y-y with operating expense to revenue of 15.6% (FY24: 16.1%).
Dividend of 285.0cps (FY24: 495.0cps).
Cashflow from operations increased by 14.2% y-y to R959m.
Gross debt decreased from R3 341m to R3 208m, while net cash declined from R760m to R603m. Net debt to EBITDA increased from 1.34x to 1.66x.
