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Financial reports

Integrated Report 2014

Annual results 2014

Salient features from continuing operations
  • Revenue of R4.4 billion up 10.8%
  • Underlying operating profit increased 26.8% to R342 million
  • Basic underlying earnings per share up 47.4% to 135.3 cents
  • Return on Capital Employed of 17.9%
  • Interim gross cash dividend up 15.4% to 30 cents per share
  • rPET project and Phase 1 of the Felixton mill rebuild commissioned on schedule and within budget

Interim results 2014

Salient features from continuing operations
  • REVENUE UP 13.2% to R4.0 billion (June 2013: R3.5 billion)
  • UNDERLYING OPERATING PROFIT UP 14.5% to R270 million (June 2013: R236 million)
  • BASIC UNDERLYING EARNINGS PER SHARE UP 19.2% to 91.8 cents (June 2013: 77.0 cents)
  • INTERIM GROSS CASH DIVIDEND PER SHARE UP 18.2% to 26 cents (June 2013: 22 cents)
  • RETURN ON CAPITAL EMPLOYED OF 16.9% (June 2013: 15.5%)
  • GEARING OF 32.5% (June 2013: 35.6%)