Cashbuild posts strong annual growth, boosts dividend by 12%

Cashbuild Limited reported a 3% increase in revenue to R11.5 billion for the year ended 29 June 2025. Headline earnings rose 8% to R216.2 million, with headline earnings per share increasing 10% to 1 040.4 cents. Basic earnings per share surged by over 100%. The company declared a final dividend of 300 cents per ordinary share, contributing to a total dividend for the year of 626 cents, up 12% from the prior year's 561 cents.

Net asset value per share increased 4% to 7 996 cents. Cash and short-term funds grew to R1.9 billion. The company opened eight new stores while closing 12 under-performing ones, refurbished 26 Cashbuild stores, and relocated one P&L Hardware store, maintaining its expansion and refurbishment strategy.

For the seven weeks subsequent to the period end, group revenue is 6% higher than the comparative prior-year period. Management anticipates challenging trading conditions ahead.