Middle East / Africa
Trellidor Holdings’ FY HEPS Increased by Over 100%
FY HEPS increased by over 100% to 4.2 cents per share.
• No final dividend declared for FY 2023.
• FY revenue decreased by 2.1% to R502.0 million.
• No new products planned for launch through F24.
• Focus on reducing products due to rising inflation and revenue weakness.
• Cost pressures due to rising inflation and revenue weakness reduced margins in some groups in FY 2023.