Tiger Brands | Unaudited group results and dividend declaration for the six months ended 31 March 2023

NOURISH AND NURTURE MORE LIVES EVERYDAY

Tiger Brands delivers strong revenue growth for the six months ended 31 March 2023 while higher operating costs dilute earnings

REVENUE
up 16% to
R19,4 billion

GROUP OPERATING INCOME*
down 9% to
R1,4 billion

GROUP OPERATING MARGIN*
down to 7,0%
from 8,9%

EARNINGS PER SHARE (EPS)
up 2% to
749 cents per share

HEADLINE EARNINGS PER SHARE
(HEPS)
up at 731 cents per share from
729 cents per share

INTERIM DIVIDEND
unchanged at
320 cents per share

* Before impairments and non-operational items.