INTEGRATED ANNUAL REPORT 2023

For the year ended 30 September 2023

Group profile

Our core business is providing everyday branded food to large and growing markets, primarily in South Africa and neighbouring countries. We target best-in-class profitability, underpinned by a cost-conscious culture and a strong commitment to ESG performance.

We have leading positions in most categories and our iconic brands are well-entrenched with consumers in South Africa, as illustrated by the percentage share of market.

MARKET SHARE (%)

  • GRAINS
  • CONSUMER BRANDS
  • HOME AND PERSONAL CARE
  • EXPORTS AND INTERNATIONAL
GRAINS

Revenue R17,0bn 2022: R15,5 billion

Operating income R838m 2022: R1,3 billion

Milling and baking
  • Bakeries
  • Wheat milling
  • Maize milling
  • Sorghum-based breakfast and beverages
Other grains
  • Pasta
  • Oat-based breakfast (Jungle)
  • Rice

TOP BRANDS

CONSUMER BRANDS

Revenue R13,3bn 2022: R12,4 billion

Operating income R1,2bn 2022: R1,4 billion

Groceries
  • Condiments and ingredients
  • Spreads
  • Canned fruit and vegetables
Snacks and treats
  • Sugar
  • Chocolate
Tiger Brands Food Service Solution (previously Out of Home)
  • Services professional kitchens and quick-service restaurants
Beverages
  • Concentrates
  • Sports drinks
  • Ready-to-drink
Baby
  • Nutrition and wellbeing

TOP BRANDS

HOME AND PERSONAL CARE

Revenue R2,2bn 2022: R1,9 billion

Operating income R461m 2022: R308 million

Home care
  • Sanitary cleaners
  • Pesticides
Personal care
  • Body care (includes Camphor cream)
  • Depilatories
  • Hair care
  • Deodorant
  • Hair styling

TOP BRANDS

EXPORTS AND INTERNATIONAL

Revenue R4,9bn 2022: R4,3 billion

Operating income R601m 2022: R350 million

International operations
  • Central Africa (Chococam)
Deciduous
fruit
  • Langeberg & Ashton Food (LAF)
Exports
Revenue
Grains 46%
Consumer Brands 36%
Home and Personal Care 6%
Exports and International 12%
Operating income
Grains 27%
Consumer Brands 38%
Home and Personal Care 15%
Exports and International 20%