Diluted HEPS 594.0cps (+15.1% y-y).
Turnover increased by 23.8% y-y to R13 781m, supported by strong growth of +49.5% y-y (LY: 27.3% y-y) from the AE segment which increased international revenues as new markets were successfully accessed.
OPM decreased by 70bps to 10.4%.
Expenses increased by 24.8% y-y while expenses-to-sales increased from 88.9% to 89.6%.
Dividend of 332.0cps.
Cash generated from operating activities increased from R711m to R1 373m.
The Group continued to invest in its Build-Own-Operate (BOO) solar asset portfolio which currently has 57MW of owned, under-construction and near financial-close solar assets.
The Group increased long-term external debt from R71m to R1 146m in order to finance the Group’s rental loan and receivable’s book, allowing for redeployment of the Group’s internal funding.
