Salient features

Tiger Brands’ full year results impacted by the unbundling of the company’s interest in Oceana Group Limited (Oceana), the challenging operating environment and a slower than anticipated recovery in the Value Added Meat Products (VAMP) business.

  • Revenue
    R29,2 billion 3%
    (Excluding VAMP+, R28,6 billion
    5%)

  • Group operating income**
    R2,6 billion 20%
    (Excluding VAMP+, R3,2 billion
    11%)

  • Group operating margin**
    9,0% 260bps
    (2018: 11,6%)

  • EPS
    2 364cps 55%
    (2018: 1 530cps)

  • HEPS
    1 349cps 17%
    (2018: 1 633cps)

  • Total dividend declared***
    1 061cps

  • Unbundling of
    Oceana concluded

  • Deli Foods
    discontinued

*   From continuing operations.
**   Before impairments and abnormal items.
***   Includes special dividend of 306cps declared on 22 May 2019.
+   Refer to Annexure A for the pro forma detail.
Salient features