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WATCH: Why Super Group will not pay a dividend
28 August 2018 - 08:44
Super Group has achieved record annual results, boosted by growth within its acquired businesses, which contributed just more than 10% to group revenue. Overall revenue for the period climbed 19.4% and headline earnings per share (HEPS) came in 15% stronger. Business Day reported that the company did not declare a dividend. CEO Peter Mountford said that with a gearing of 25%, the company prioritises organic growth, acquisitions, share buybacks “and dividends”. Mountford spoke to Business Day TV about the numbers and filled in some of the details.
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