Diluted HEPS decreased by 14.2% y-y to 240.5cps (1H25: 280.3cps). The decline was due to weaker performances from Australia and Materials Handling and Mining.
Revenue decreased by 1.0% y-y to R10 844m.
GPM decreased from 12.5% to 10.8%.
OPM declined from 7.7% to 5.6%.
Operating expenses increased by 9.0% y-y to R593m. Operating expense-to-sales increased by 50bps to 5.5%.
Dividend of 81cps (1H25: 94cps).
Operating cashflow decreased by 66.9% y-y to R424m.
Gross debt increased by 30.9% y-y to R2.5bn.
Order book increased by 24.1% y-y to R30.4bn. Strong order book growth from Roads and Earthworks (+48.4% y-y) and Construction Materials (+80.0% y-y, restated).
