Who we are
Tiger Brands is one of Africa’s largest listed
manufacturers of fast-moving consumer goods
(FMCG). Our core business is manufacturing,
marketing and distributing everyday branded
food to middle-income consumers. Our portfolio
also includes leading brands in the home,
personal care and baby sectors.
Our vision
To deliver top-tier financial
results and be recognised by all
stakeholders as the pre-eminent
fast‑moving consumer goods
(FMCG) company in South Africa
and most desirable growth
company on the continent.
Our purpose
We nourish and nurture more lives every day.
Many of our brands hold number 1 or number 2 positions in market share and equity in their respective categories and have celebrated many external awards for being South Africa’s most loved brands
Equity
Volume share
Value share
Source: Kantar Brand Health Tracker; Nielsen, September 2020.
As we approach Tiger Brands’ centenary, amidst the turbulence of an already fragile
economy devastated by the impact of Covid-19, the company is facing a critical inflection
point. Looking at Tiger Brands’ recent history, we have seen the company set back by a
series of failures with little in the way of meaningful successes. Understandably, many of
our stakeholders are looking at us with a degree of healthy scepticism, questioning
whether the company will be able to effect the long-awaited turnaround and recover from
its under-par performance.
CEO's review
This has been a profoundly unsettling year for all of us – as individuals, families,
communities and employees. The social and economic disruption caused by the
Covid-19 pandemic came on top of an already very fragile economy and social
fabric in South Africa, presenting significant further challenges for consumers,
retailers and businesses more broadly. Tiger Brands’ performance this year reflects
the impact of these challenges and underscores the need for a rapid and radical
turnaround to restore the company’s legacy; its response to the pandemic and
more positive performance towards the year-end give cause for optimism.
Chairman’s review
Tiger Brands’ earnings for the year ended 30 September
2020 were impacted by the ongoing difficulty of maintaining
margins in a tough trading environment compounded by the
challenges of Covid-19.
Financial review
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