Diluted HEPS up 0.4% y-y to 965cps (FY23: 960cps) with DPS +9.4% y-y to 350cps (FY23: 320cps).
Turnover growth +8.6%, with good turnover growth in TFG Africa (+10.4% y-y).
TFG Africa cash retail growth of 13.3% y-y, while credit growth +2.8% y-y.
TFG London turnover down -4.2% y-y in GBP, and TFG Australia turnover down 5.6% y-y in AUD.
GPM was stable at 47.9%.
Expense growth of 9.0% y-y with the expense-to-sales ratio increasing slightly from 44.1% to 44.3%.
OPM up marginally from 10.5% in FY23 to 10.6% in FY24, mainly due to the 13.6% y-y rise in Other income.
Strong cashflow performance with improvement in working capital. Inventory was down 11.6% y-y.
Gross debt reduced from R11.2bn in FY23 to R8.7bn in FY24.
Cash dropped from R4.1bn in FY23 to R3.8bn in FY24.
Outlook remains cautious.