Tiger Brands delivered an improved financial performance for the six months ended 31 March 2021. The performance was supported by strong revenue growth in the first quarter of the financial year.

Whilst we are confident that operating income will show improvement in the second six months, relative to both the second half of 2020 as well as the second half of 2019, the environment remains one of the most challenging experienced in recent years.

Commentary

Earnings per share (EPS) from continuing operations increased by 126% to 755 cents (2020: 333 cents) whilst headline earnings per share (HEPS) from continuing operations increased by 21% to 741 cents (2020: 613 cents).

Financials

Tiger Brands Limited
(Tiger Brands or the company)
(Incorporated in the Republic of South Africa)
Share code: TBS
ISIN: ZAE000071080

Company info

Tiger Brands Limited
(Tiger Brands or the company)
(Incorporated in the Republic of South Africa)
Share code: TBS
ISIN: ZAE000071080

Independent non-executive directors
GJ Fraser-Moleketi (Chairman), MO Ajukwu, MJ Bowman, I Burton, CH Fernandez, GA Klintworth, M Makanjee, TE Mashilwane, M Sello, OM Weber, DG Wilson

Executive directors
NP Doyle (Chief Executive Officer), DS Sita (Chief Financial Officer)

Company Secretary
JK Monaisa

Registered office
3010 William Nicol Drive
Bryanston
Sandton

Postal address
PO Box 78056, Sandton, 2146
Telephone: +27 11 840 4000

Auditors
Ernst & Young Inc.

Principal banker
Nedbank Limited

Sponsor
JP Morgan Equities South Africa (Pty) Limited

South African share transfer secretaries
Computershare Investor Services Proprietary
Limited
Rosebank Towers, 15 Biermann Avenue
Rosebank, 2196
Private Bag X9000
Saxonwold 2132

American Depository Receipt (ADR) facility
ADR Administrator
The Bank of New York Mellon

Investor relations
Nikki Catrakilis-Wagner
Erene Kairuz
Telephone: +27 11 840 4000

Website address
www.tigerbrands.com

Contact details
Companysecretary@tigerbrands.com
Investorrelations@tigerbrands.com
Consumer helpline: 0860 005342