Financial reports

Annual results 2021

Salient features from continuing operations

• Strong financial performance and good progress on Group strategy implementation
• Revenue up 12.6% to R11.5 billion (2020: R10.3 billion)
• Underlying operating profit (EBIT) improved by 56.2% to R948 million (2020: R607 million)
• Underlying earnings per share (EPS) up 93.2% to 360 cents (2020: 186 cents)
• Share buy-back returned R257 million to shareholders (2020: returned R88 million)
• Final dividend declared of 50 cents per share (cps), returning a further R74 million to shareholders (2020: nil cents per share)
• Return on capital employed (ROCE) increased to 17.8% (2020: 11.4%)
• Mpact Operations retained its Level 1 B-BBEE rating

Interim results 2021

Salient features from continuing operations

• Revenue increased by 16.3% to R5.9 billion (June 2020: R5.1 billion)
• Underlying operating profit increased by 165% to R337 million (June 2020: R127 million)
• Underlying earnings per share up 13 times to 120.8 cents (June 2020: 9.0 cents)
• Successfully repurchased 10% of issued shares during the period returning R257 million to shareholders
• Return on Capital Employed (ROCE) improved to 15.6% (June 2020: 9.4%)
• Gearing improved to 27.6% (June 2020: 34.8%)
• Retained B-BBEE Level 1 rating for Mpact Operations (Pty) Ltd
• Investments of over R500 million approved to support customer focused growth, innovation and sustainability