Blu Label FY26 normalised net profit after tax rises to R677 million; revenue totals R9.44 billion
Reuters2026/08/26 06:06- Blu Label posted normalised net profit after tax of ZAR 677 million, with headline and core headline earnings of ZAR 681 million.
- Normalised revenue came in at ZAR 9.44 billion, while EBITDA totaled ZAR 923 million.
- Effective gross revenue rose 7% to ZAR 99.9 billion on inclusion of PINless top-ups, prepaid electricity, ticketing and universal vouchers.
- Final dividend set at 10 cents per share, taking the total payout to 53.56 cents; a share repurchase program will start.
- Cell C listing in November 2025 shifted it from subsidiary to associate, with the retained stake equity-accounted from Dec. 1, 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Colgate-Palmolive (CL.US) plans to sell part of its personal care brands, with a total transaction amount possibly exceeding 1.1 billions USD.
According to sources familiar with the matter, Colgate is exploring the sale of some of its mass-market personal care brands. The company currently plans to divest only a few brands within its personal care business, and the combined sale price may exceed 1 billion dollars.
EdiliziAcrobatica announces shareholder meeting notice
Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
Crypto prices
More
