WBHO reports strong financial performance, increases dividend payout

WBHO reported a 4% increase in revenue from continuing operations to R28.5 billion for the year ended June 30, 2025, up from R27.5 billion in the previous year. Operating profit saw a significant 13% jump to R1.4 billion, compared to R1.2 billion in 2024. Earnings per share from continuing operations improved to 2,299 cents, with headline earnings per share rising to 2,278 cents. The net asset value of the group grew to R5.6 billion from R4.7 billion.

The company's order book expanded to R37.6 billion as of June 2025, a substantial increase from R30.6 billion in 2024, indicating strong future revenue potential. In line with this positive performance, the directors declared a final gross cash dividend of 320 cents per share, an increase from 230 cents per share in 2024. This dividend is payable on Monday, 27 October 2025.

The dividend, declared from income reserves, is subject to a 20% withholding tax, resulting in a net dividend of 256 cents per share. The company noted improved margins across most business units, contributing to the overall strong financial health.