Diluted HEPS up 16.4% y-y to 331.0cps (FY24: 284.3cps).
Revenue growth of 11.2% y-y to R3.9bn, driven by Franchise SA (+8.8% y-y), Manufacturing and distribution (+10.1% y-y), Retail SA (46.3% y-y) and Rest of Africa and Middle East (+21.3% y-y).
GPM up 60 bps to 32.6%.
Total expenses grew by 12.0% y-y to R904m, while expense-to-sales increased by 10bps to 23.4%.
OPM rose 70bps to 9.7%.
Dividend of 299cps (FY24: 213.0cps).
Net cash improved to R476m (FY24: R366m).
In South Africa, volume growth was driven by the Spur brand which increased restaurant sales by 4.8% y-y (FY24: 7.0% y-y).
The revenue growth in the manufacturing and distribution division was attributed to improved restaurant turnovers and the increase in the base of centrally supplied products, as well as the contribution from the Doppio Collection bakery factory.
The group continues to secure key trading sites and plans to open 42 new restaurants in South Africa and 14 internationally for the 2026 financial year.
