KAL Group Earnings Call Transcripts
Fiscal Year 2025
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Strong second-half recovery drove recurring headline EPS up 11.2% and dividend up 16.7%, with robust cash flow, reduced debt, and improved margins. Strategic focus on core segments, network quality, and digital innovation supports positive outlook for F2026.
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EBITDA for H1 2025 was ZAR 557 million, down 2.1% year-on-year, but with strong market share gains in Agrimark and improved working capital. Interim dividend rose 3.7%, and outlook for H2 is positive with new PEG sites and robust agri sector confidence.
Fiscal Year 2024
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Revenue declined 3% year-over-year, with EBITDA down 4.4% and recurring headline EPS down 9.4%. Debt and working capital improved, and the dividend was maintained. F25 is expected to miss PBT targets, but the F30 plan is on track, with increased CapEx and a positive outlook as market conditions improve.