Reports
and results

Highlights

• Revenue at an all-time high of R16.8 billion - up 3.5% year-on-year
• Operating profit up 4% - R1 476 million
• Profit before tax level at R1 331 million
• Headline earnings per share rose by 2.6% - R14.65 per share
• Profit after tax of R934 million - down 5.8%, due to an overall higher effective tax rate
• A- CREDIT RATING - Credit rating affirmed in July 2014 as A- (long-term) and A1- short-term), with a positive ratings outlook
• Debt: equity ratio higher at 12.3% due to increased short-term working capital
• Cash generated from operations remained steady at R1.8 billion

Financial results booklet 2015
(503.6 KB)

Major features:

• Revenue increased by 1.1% to R7.6 billion
• Profit for the period down 4.7% to R404 million
• Operating marginremained steady at 8.3%
• Basic earnings per share down 4.9% to 606.0 cents per share
• Debt:equity ratio improvesfrom 35.7% to 29.7%
• Dividend up 2.7% to 190 cents per share