South Africa · Delayed Price · Currency is ZAR · Price in ZAc Calgro M3 Holdings Earnings Call Transcripts
Fiscal Year 2027
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Revenue was ZAR 465.7m and gross margin 29.46%; EPS fell mainly due to a one-off ZAR 12.7m non-cash IFRS 9 loss. Infrastructure investment lifted debt, while Memorial Parks growth and planned asset disposals support the strategy.
Fiscal Year 2025
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Revenue declined 32% year-over-year due to a deliberate construction slowdown, but margins improved and Memorial Parks achieved record growth, covering group overheads. A strong pipeline, robust balance sheet, and focus on sustainable growth position the group for recovery and expansion.
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Revenue and unit sales declined year-over-year, but higher margins, strong JV contributions, and Memorial Parks growth supported resilient earnings. Strategic investments in infrastructure and land expanded the pipeline, with Frankenwald set to drive future growth.