WHO WE ARE
Tiger Brands is one of Africa's largest listed manufacturers of fast-moving consumer goods (FMCG). Our core business is the manufacture, marketing and distribution of everyday branded food and beverages.
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Tiger Brands is one of Africa's largest listed manufacturers of fast-moving consumer goods (FMCG). Our core business is the manufacture, marketing and distribution of everyday branded food and beverages.
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Revenue in Grains increased by 6% to R15,5 billion, reflecting average price inflation of 9%, offset by overall volume declines of 3%.
View moreWithin Consumer Brands, all segments delivered top-line growth, with a particularly strong performance from Out of Home as the business recovered in line with post lockdown demand.
View moreOverall revenue in HPC declined by 5% to R1,9 billion, primarily due to lower volumes in the pesticides segment within Home Care.
View moreTotal revenue for Exports and International increased by 19% to R4,3 billion, with total operating income increasing to R350 million (2021:R96 million).
View moreR15,5bn
2021: R14,6 billion
Up
6%
R1,3bn
2021: R1,4 billion
Down
7%
R12,4bn
2021: R11,1 billion
Up
12%
R1,4bn
2021: R1,1 billion
Up
25%
R1,9bn
2021: R2,0 billion
Down
5%
R307m
2021: R433 million
Down
29%
R4,3bn
2021: R3,6 billion
Up
19%
R350m
2021: R96 million
Up
265%
As Africa's largest food producer, with a legacy of establishing and maintaining some of South Africa's best-loved brands over its one-hundred-year history, Tiger Brands has a particularly important responsibility in delivering and sharing value for its many stakeholders.
Tiger Brands' pleasing results this year, delivered in the context of an extremely tough operating environment, should give confidence to investors and other stakeholders that the company has turned a corner after several years of disappointing performance.
The year under review is characterised as a year of two halves. The first half was impacted by operational issues, compounded by challenges relating to the procurement of certain inputs and unanticipated cost pressures.
We have made some important strides this year in delivering on our sustainable future strategy, leveraging our influence, and increasing our effort and investment, to progress our commitments to improve consumer health and nutrition, enhance livelihoods, and ensure responsible environmental stewardship.
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* Refers to value share
