Diluted HEPS of 76.0 cps (1H22: 64.0 cps).
Revenue growth of +18.4% y-y (1H22: +28.6% y-y).
GPM down -70 bps to 24.3% (1H22: 25.0%).
Operating margin down to 7.9% (1H22: 10.2%).
Total expenses of R587m with Expense to sales ratio of 18.3% (1H22: 19.2%).
No dividend (1H22: nil).
South African Fishing segment impacted by lower available volumes and was unable to benefit from 5% increase in TAC due to erratic weather and resulting lower catch rates. Segment revenue up by +10.3% y-y.
Australian operations benefitted from inclusion of MG Kailis and a favourable exchange rate. Segment revenue up +94.1% y-y.
Aquaculture reduced operating loss to R16m (1H22: R18m) despite load-shedding costs.
Cape Harvest Foods segment benefitted from higher selling prices across all categories.
