INTEGRATED ANNUAL REPORT 2024

for the year ended 30 September 2024

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-leadership culture and a strong commitment to sustainable agricultural sourcing.

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.

Milling and Baking

Revenue

R8,2 billion

2023: R9,1 billion

Operating income

R0,63 billion

2023: R0,68 billion

Milling and Baking

  • Bakeries
  • Wheat milling
Core Brands
Grains

Revenue

R8,5 billion

2023: R8,4 billion

Operating income

R0,09 billion

2023: R0,20 billion

Other Grains

  • Pasta
  • Oat-based breakfast (Jungle)
  • Rice
  • Maize and sorghum
Core Brands
   
Culinary

Revenue

R8,9 billion

2023: R8,4 billion

Operating income

R0,82 billion

2023: R0,54 billion

Culinary

  • Condiments and ingredients
  • Spreads
  • Canned fruit and vegetables
  • Davita
Core Brands
   
   
Snacks, Treats and Beverages

Revenue

R5,8 billion

2023: R5,3 billion

Operating income

R0,72 billion

2023: R0,67 billion

Snacks and Treats

  • Sugar
  • Chocolate

Beverages

  • Concentrates
  • Sports drinks
  • Ready-to-drink
Core Brands
   
Home, Personal Care & Baby (HPCB)

Revenue

R3,7 billion

2023: R3,6 billion

Operating income

R0,67 billion

2023: R0,66 billion

Personal care

  • Body care (includes Camphor cream)
  • Depilatories
  • Hair care
  • Deodorant
  • Hair styling

Home care

  • Sanitary cleaners
  • Pesticides

Baby

  • Baby nutrition
  • Baby wellbeing (held for sale)
Core Brands
   
International

Revenue

R2,6 billion

2023: R2,6 billion

Operating income

R0,32 billion

2023: R0,31 billion

International operations

  • Camaroon (Chococam)

Deciduous fruit

  • Langeberg & Ashton Food (LAF)
Core Brands