BUSINESS DAY TV: Calgro in good segment receiving support from private, public sector, says CEO
BEN Pierre Malherbe is CEO of Calgro M3.BUSINESS DAY TV: Reporting its fifth consecutive year of growth Calgro M3’s full-year headline earnings per share rose 31% to 109c. The residential project developer says demand for affordable homes and lifestyles continues, ensuring a solid growth market for them. CEO Ben Pierre Malherbe joins us now in the News Leader studio. And still with us is Rob Towell of Sasfin Securities.Ben…revenue up 19%, headline earnings per share up 32%, earnings per share rising close enough to 40% and that’s another record performance. The question is, just how sustainable a path are you on right now given the macroeconomic picture we’re faced with?BEN PIERRE MALHERBE: Obviously macroeconomics play a role, and we’re not excluded from that, but we’re playing in a market segment where we’ve got a lot of support from local government or private sector and public sector. We are at this stage receiving support from both, so it’s a nice place to be.BDTV: Talk us thro...
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