Our value contribution in 2020

Financial performance (from continuing operations)

  * Before impairments and abnormal items.
Providers of financial capital
  • R740 million paid in dividends (2019: R2,3 billion)
  • Return on equity 10,5% (2019: 13,9%)
  • Return on net assets 21,6% (2019: 26,1%)
  • Cash generated from operations R3 billion (2019: R3,5 billion)
Customers (retailers, wholesalers and general trade)
  • 26% value share
  • 96% on-shelf availability
  • 90% order-fill
Employees
  • R4,1 billion paid in salaries and benefits to 11 188 permanent employees (2019: R4,0 billion to 10 543 employees)
  • 79% of leadership positions filled internally
  • Recognised by Top Employers Institute as a Top Employer 2020
  • 2 employee fatalities and 1 contractor (2019: 1)
 
Consumers
  • Launched immunity campaign on the Morvite brand in the context of Covid-19
  • Launched the “perfect store”* initiative
  • Supported at-home consumption, communicated recipe content, listed on major e-tailing and retailers’ online platforms
  • Launched value offerings through multiple configurations of Tiger hampers, extra value packs such as Jungle 1kg + 100g free, specific packs for discount channels Oros 500ml and Brookes Crush
Suppliers
  • R474 million in savings across the supply chain
  • R13 billion spent with BBBEE-verified suppliers
  • R5 billion spend with black-owned enterprises
  • R4 billion spend with black women-owned enterprises
Communities and environment
  • R32 million total socio-economic development spend
  • 87 million meals and 74 455 learners supported by Tiger Brands Foundation
  * This programme highlights the in-store execution standards expected from our field sales teams. It provides shoppers with the product range they expect to find in the outlet type, correctly merchandised and displayed, and at a price they are willing to pay for the product.