INTEGRATED ANNUAL REPORT 2024

for the year ended 30 September 2024

Our strategy

Tiger Brands is one of Africa's largest listed manufacturers of FMCG. Our core business is the manufacture, marketing and distribution of everyday branded food and beverages. Our products are relevant across every meal occasion and are well positioned to grow. The portfolio also includes leading brands in the home and personal care segments.

OUR VISION

Growing southern Africa's leading consumer goods company that places the consumer at the centre of everything, through our people, with the most accessible loved brands.

OUR PURPOSE

We nourish and nurture more lives every day.

OUR MISSION

Sustainable profitable growth and market leadership.

OUR STRATEGY

Our strategy for sustainable profitable growth is driven by our five strategic thrusts and our enablers, underpinned by our winning behaviours and core values.

 
STRATEGIC AMBITIONS
  • Achieve revenue growth ahead of inflation
  • Unlock value to achieve double digit EBIT margin
  • Focus portfolio of 10 power brands and 6 specialist brands
  • Improve balance sheet returns to achieve ROIC in excess of WACC
  • Grow ahead of the market
  • Become the employer of choice for the best talent with the highest level of engagement

Our culture

OUR VALUES
  • We treat each other with care and respect
  • We deliver with passion and excellence
  • Safety and quality are non-negotiable for us
  • We embrace diversity and inclusivity
  • We act with integrity and accountability in all we do
OUR WINNING CULTURE

We are One Team Tiger

  • We leverage our strength, agility and brands to nourish and nurture more lives every day
  • We create a great place for our diverse people to thrive, grow and innovate
  • Our passion for excellence and relentless focus on quality make us our consumers' number one choice
  • Our drive for success and flawless execution, delivers winning performance, every time
  • We celebrate our victories together
OUR WINNING BEHAVIOURS

Consumer obsession: I have my ear to the ground. I make it my business to ensure that everything I do contributes to nourishing and nurturing more consumer lives every day.

Teamwork: I embrace every opportunity to collaborate, learn and celebrate the people I work with, in order to achieve a common goal.

Empowered accountability: I am supported and resourced to deliver on commitments. I take ownership of my contribution to our winning performance.

Focused execution: I make bold choices on executing fewer actions that will move the performance needle. I do it right first time, every time.