Tiger Brands delivers a strong first half underpinned by like-for-like volume growth, significant traction on portfolio optimisation and declaration of a special dividend to shareholders.
Revenue
2024: R18,1 billion
Group operating income*
2024: R1,4 billion
Milling and Baking operating profit
Grains operating profit
EPS (Total operations)
2024: 892cps
EPS (Continuing operations)
HEPS (Total operations)
2024: 808cps
HEPS (Continuing operations)
Interim dividend
2024: 350cps
Total proceeds of
from sale of non-core operations
Group net cash position improved by
to R5,9 billion
share buy-backs completed
(Total of R1,25 billion by 9 May 2025)
Special dividend of
(R1,8 billion)
* Before impairments, fair value losses and non-operational items