Our value contribution in 2019

Revenue

R29,2 billion  3%

(2018: R28,4 billion)

Group operating income

R2,6 billion  20%

(2018: R3,3 billion)

Group operating margin

9,0%  260 basis points

(2018: 11,6%)



Total dividend**

1 061cps 2%

(2018: 1 080 cents per share)

HEPS

1 349cps  17%

(2018: 1 633 cents per share)


** Includes special dividend of 306 cents per share declared on 22 May 2019.


  PROVIDERS OF FINANCIAL CAPITAL    
  • R2,3 billion paid in dividends includes, R581 million in special dividends, 23% (2018: R1,9 billion)
           
  EMPLOYEES    
  • R4,2 billion paid in salaries and benefits to 10 543 permanent employees (2018: R3,9 billion to 11 348 permanent employees)
 
  • R127 million invested in employee training and development (2018: R61 million)
 
  • Recognised by Top Employers Institute as a Top Employer 2019
 
  • One work-related employee fatality (2018: one)
           
  CONSUMERS    
  • 100% penetration in South Africa; every household buys at least one Tiger Brands product
 
  • 31% of net sales fortified with micronutrient enrichment
 
  • 100% compliance with current sodium targets
 
  • 11% reduction in sugar across the portfolio in past five years
 
  • 25% of net sales from wholegrain, fibre-rich grains, vegetables and fruit
           
  SUPPLIERS    
  • R21,3 billion total spend on suppliers
 
  • R14,3 billion spent with BBBEE-verified suppliers (2018: R12 billion)
 
  • R3,5 billion spent with black-owned enterprises (2018: R2 billion)
 
  • R1,9 billion spent with black women-owned suppliers (2018: R1,5 billion)
           
  COMMUNITIES AND
ENVIRONMENT
   
  • R27,4 million total socio-economic development spend (2018: R32 million)
     
  • 72 000 learners provided with breakfast meals by Tiger Brands Foundation (2018: 67 500)

All results are from continuing operations.