Financial highlights

  • HEPS up 15,5% in "no growth" economy
  • Another special dividend of 10 cents per share
  • Lighting Division achieves turnover of R500 million
  • Lighting Division grows 34% through market share growth
  • Electrical Division achieves R2 billion of turnover
  • Three Connect branches opened, latest in Dieprivier (Cape)
  • "On ground" presence established in Zambia
  • Nine managers on the Varsity College management development programme
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Growth and expansion strategy

New branch openings and strategic acquisitions to further expand the branch network and enhance the proximity to market.

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Divisional review

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