Diluted HEPS from continuing operations 731.7 cps (1H23: 718.0 cps).
Revenue from continuing operations declined 0.8% y-y (1H23: +15.6% y-y). Price inflation of 8% was offset by a reduction in volumes of 9% y-y.
GPM from continuing operations increased by 100bps to 28.0% (1H23: 27.0%).
Expense to sales ratio from continuing operations of 21.2% (1H23: 20.3%).
Operating margin from continuing operations declined by 10bps to 6.9% (1H23: 7.0%).
Dividend of 350cps (1H23: 320cps).
Domestic revenue decreased by 4% y-y to R16.7bn, as price inflation of 8% was offset by a 12% decline in volumes.
Revenue for Exports and International segments increased by 22% y-y to R2.6bn, driven by price inflation of 7%, 10% volume growth, and favourable foreign exchange translation gains of 5%.
