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Thu 18 Sep 2025
Close: 10980c 
Day's move: -17c (-0.15%)
Volume: 789 889
Trades: 1 852
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Revenue for the year lowered to R112.6 billion (R113.8 billion) with earnings before interest, taxation, depreciation and amortisation coming in less at R8.2 billion (R8.3 billion). Operating profit before financing costs was down to R5.2 billion (R5.4 billion) with attributable profit to owners of Motus increasing marginally to R2.5 billion (R2.4 billion). Additionally, headline earnings per share rose to 1 548c per share (1 479c per share).
Dividend declaration
A total of 550 cents per ordinary share was declared as a dividend for the year. 240 cents per ordinary share was paid as an interim dividend on 7 April 2025 and a final dividend of 310 cents per ordinary share will be paid on 6 October 2025.
Board changes
During the reporting period, the following Board and sub-committee changes occurred:
- OS Arbee, who reached retirement age, retired as Chief Executive Officer (CEO) and from the Board and its sub-committees with effect from 31 October 2024.
- OJ Janse van Rensburg was appointed as CEO with effect from 1 November 2024 and remains an executive director on the Board. On 5 November 2024, he was appointed as a member of the Social, Ethics and Sustainability Committee.
- B Baijnath was appointed as Chief Financial Officer (CFO) designate with effect from 1 August 2024, and as CFO and to the Board as an executive director with effect from 1 November 2024.
Company prospects
The improved momentum from HY2 provides a solid platform for financial year 2026. However, the outlook remains subject to consumer demand and the challenging macroeconomic and geopolitical environments in which we operate, which continue to reflect constrained conditions.
Looking ahead to the six-month period ending 31 December 2025:
We anticipate an improved financial performance compared to the six-month period ended 31 December 2024:
- Operating profit is expected to grow.
- Net finance costs are projected to decline.
- Headline earnings per share is expected to increase.
We remain optimistic that our debt covenants will stay within the targeted range of 1.5 times to 1.7 times, supported by strong cash generation and prudent working capital management with vehicles for hire and inventory expected to be slightly higher due to our up-fleeting cycle to meet seasonal demand.
Despite these positive indicators, the Group remains exposed to external factors that could impact performance, including: geopolitical tensions, inflationary pressures, currency volatility and non-controllable legislative changes.
Nonetheless, the Group is well-positioned to leverage opportunities and deliver on its strategic priorities.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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