PPC's turnaround drives profit surge, resumes dividends

PPC Limited (JSE:PPC) reported a substantial increase in profitability and cash generation for the year ended March 31, 2025, driven by the company's turnaround strategy. EBITDA increased 28% to ZAR 1.593 billion, with margins expanding to 16.1%. Free cash inflow before financing activities surged to ZAR 1.049 billion. The company declared an ordinary dividend of 17.6 cents per share, comprised of 1.9 cents per share for the SA & Botswana group, and 15.7 cents per share, being the distribution of dividends received from Zimbabwe.