CA&S reports strong interim revenue and profit growth

CA&S reported a 4.0% increase in revenue to R5.96 billion for the six months ended June 30, 2025, up from R5.73 billion in the prior corresponding period. This growth was attributed to organic expansion, acquisitions, and new regional ventures. Operating profit saw a robust 9.6% increase, reaching R334.67 million compared to R305.38 million previously.

The company's earnings per share rose by 15.5% to 50.72 South African cents, with headline earnings climbing 16.9% to R241.72 million. Headline earnings per share also increased by 16.1% to 50.44 cents. Total assets expanded by 16.3% to R5.85 billion, driven by enhanced warehouse capacity, intangible assets from business combinations, and investments in associates.

CA&S remains optimistic about prospects in Southern and East Africa, citing an average economic growth of around 3% across most markets. The company's strategic focus is on disciplined financial management to capitalize on opportunities, ensuring long-term success. No dividend was declared for the interim period, aligning with the company's policy of annual declarations post-year-end.