Financial indicators

Turning ordinary companies into extraordinary performers, delivering strong and consistent shareholder returns in the process, while understanding that people create wealth, companies only report it

Mark Steyn

Mark Steyn

Chief Financial Officer

FY2023


Trading profit

R11.4bn

+18%

Normalised
HEPS

1 884.7 cents

+18%

Total dividends
for the year

876 cents

+18%

Cash generated
by operations

R12.2bn

+4.1%

ROFE

38.3%

 

R billion Year ended 30 June 2023 Year ended 30 June 2022 Change
Revenue 114.9 99.9 15.0%
Gross profit margin 29.0% 30.0%  
Expense margin 19.5% 20.5%  
EBITDA 13.2 11.4 16.2%
Trading profit 11.4 9.7 17.6%
Trading profit margin 10.0% 9.7%  
HEPS (cents) 1 794.8 1 442.0 24.5%
Normalised HEPS (cents) 1 884.7 1 601.5 17.7%
DPS (cents) 876.0 744.0 17.7%
EBITDA interest cover (times)# 8.2x 9.8x  
Net dept/EBITDA (times) 1.7x 1.5x  
Cash generated from operations before working capital 14.8 11.5 13.3%
Cash conversion * 76.4% 86.1%  
ROFE 38.3% 37.6%  
ROIC 17.3% 17.1%  
* As % of trading profit;
# Interest adjusted for IFRS16