Operational review

Overall revenue in HPC grew by 17% to R2,2 billion, while operating income increased by 50% to R461 million, driven by a strong recovery from both segments.

Personal Care's revenue increased by 24% to R836 million, with price inflation of 12% and an equal increase in volumes driven by skincare brands, Ingram's and Skin Clinic. The improved profitability was a consequence of strong volume growth, price increases, and lower inflation on key ingredients. As a result, operating income increased from R16 million last year to R118 million in the current period.

Home Care's performance was supported by a better pest season relative to the prior year. Revenue increased by 12% to R1,3 billion due to 3% volume growth and price inflation of 9%. Volume growth, together with improved factory efficiencies, cost-containment initiatives, and favourable mix resulted in operating income improving by 18% to R343 million.