Tiger Brands’ earnings for the year ended 30 September 2020 were impacted by the ongoing difficulty of maintaining margins in a tough trading environment compounded by the challenges of Covid-19.
Revenue
+4%
R29,8bn
EPS
886cps
Group operating income**
–18%
R2,6bn
Total dividend***
670cps
Group operating margin**
–240 bps
8,7%
HEPS
1 196cps
Disposal of Value Added Meat Products (VAMP) concluded
* From continuing operations.
** Before impairments and abnormal items.
*** Includes a special dividend of 133 cents per share.
** Before impairments and abnormal items.
*** Includes a special dividend of 133 cents per share.