Half Year 2024 Pepkor Holdings Ltd Earnings Call Transcript

May 28, 2024 / 08:00AM GMT
P. Erasmus - Pepkor Holdings Ltd - Chief Executive Officer, Executive Director

Good day, and welcome to the Pepkor interim results presentation for the first six months ending March 31, 2024. As per usual, I'll briefly do an overview of the results. Riaan, our CFO will unpack the financial performance. Sean will give much more detail on the different business unit performance. And then we'll end up with an outlook and a Q&A session and you're welcome to send in your questions as we go through the presentation.

So again, first half results, we're quite pleased with the revenue growth, specifically our fintech revenue growth and more about that later. We spoke about the increase in the gross margin, the retail margin supported by Ackermans recovery. We've reported a good normalized operating profit growth, we'll normalize slips in there because of some once-off numbers that Riaan will explain in his presentation. And then you will see the normalized EPS growth and still quite high cash conversion.

Our strategy remains the same as we've communicated in the Capital Markets Day. We still

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