Slide 1: Results Presentation for the year ended 30 June 2024
RESULTS PRESENTATION 20 For the year ended 30 June 2024 24
Slide 2: Performance Highlights
Demonstrating resilience amidst challenging global conditions Performance Highlights Peter Mountford 2
Slide 3: FY2024 Performance Highlights
FY2024 PERFORMANCE HIGHLIGHTS Client wins, contract renewals, market share increases in a challenging market Revenue EBITDA Operating profit R64.90 billion R8.45 billion R3.79 billion increased by 4.6% decreased by 1.4% decreased by 5.6% (June 2023: R62.03 billion*) (June 2023: R8.57 billion*) (June
Slide 4: Operating Context
Geopolitical tensions, supply chain disruptions and higher interest rates have exacerbated cost of living pressures on consumers in all operating geographies Operating Context Peter Mountford 4
Slide 5: Operating Context
OPERATING CONTEXT The Group’s trading environment remains challenging South Africa Europe United Kingdom Australasia Growth hampered by a weak Rand, Conflicts in the Ukraine and Middle Post a technical recession, the UK In Australia, households faced persistent electricity and water supply East rema
Slide 6: Divisional Reviews
Super Group’s international operations contributed 56% of sales revenue and 54% of operating profit Divisional Reviews Peter Mountford 6
Slide 7: International vs South African Operations
INTERNATIONAL VS SOUTH AFRICAN OPERATIONS Revenue contribution per region Operating profit contribution per region 3% 1% 1% 8% 7% -3% South Africa South Africa 15% United Kingdom United Kingdom 44% 46% Australia Australia Europe 38% Europe New Zealand New Zealand Africa and other Africa and other 30
Slide 8: Segmental Analysis
SEGMENTAL ANALYSIS June 2024 June 2023 Revenue Revenue 21,7% 21,6% 35,7% 35,9% Supply Chain Dealerships Fleet Solutions 42,6% 42,5% Operating profit Operating profit 29,0% 34,1% Supply Chain 48,0% Dealerships 54,7% Fleet Solutions 16,3% 17,9% FINAL RESULTS PRESENTATION FOR THE YEAR ENDED 30 JUNE 202
Slide 9: Net Operating Assets and RNOA
NET OPERATING ASSETS AND RNOA The Group’s RNOA for the year ended 30 June 2024 is 8.4% (June 2023: 10.2%) Group WACC is 6.4% (June 2023: 6.3%) 9 680 9 808 8 290 8 016 2 723 2 512 2 197 2 138 1 541 1 491 988 934 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 SC Africa SC Europe Fleet Afr
Slide 10: Supply Chain
Supply Chain Africa's consumer businesses delivered an exceptional performance as a result of new business wins and contract renewals Supply Chain Peter Mountford 10
Slide 11: Supply Chain Africa
SUPPLY CHAIN AFRICA Technology based solutions contributed to significant new client wins Revenue (R’m) Operating profit (R’m) 17 805 17 389 1 261 1 169 8 995 8 115 597 12 871 482 848 6 950 449 9 274 664 687 8 810 5 921 399 Jun 2022 Jun 2023 Jun 2024 Jun 2022 Jun 2023 Jun 2024 First half Second half
Slide 12: Supply Chain Europe
SUPPLY CHAIN EUROPE The rightsizing of inTime is progressing as planned Revenue (R’m) Operating profit (R’m) 121 5 787 41 65 4 482 2 800 80 48 3 449 2 280 -88 17 1 746 - 29 2 987 2 202 - 59 1 703 Jun 2022 Jun 2023 Jun 2024 Jun 2022 Jun 2023 Jun 2024 First half Second half First half Second half High
Slide 13: Fleet Solutions
SG Fleet’s increase in revenue and operating profit driven by strong growth in delivery volumes Fleet Solutions Peter Mountford 13
Slide 14: SG Fleet
SG FLEET Strong growth in new vehicle delivery volumes Revenue (R’m) Operating profit (R’m) 12 293* 12 961 1 703 1 780 6 542 861 9 824 6 263 919 1 325 5 136 670 6 030 6 419 919 784 4 688 655 Jun 2022 Jun 2023 Jun 2024 Jun 2022 Jun 2023 Jun 2024 First half Second half First half Second half Highlight
Slide 15: Fleet Africa
FLEET AFRICA Good growth in ad hoc rental volumes on existing contracts Revenue (R’m) Operating profit (R’m) 1 076 1 089 1 130 257 560 243 539 509 225 119 114 110 537 580 570 138 129 115 Jun 2022 Jun 2023 Jun 2024 Jun 2022 Jun 2023 Jun 2024 First half Second half First half Second half Highlights
Slide 16: Dealerships
Dealerships SA’s new vehicle sales rose by 4.9%, significantly outperforming the 6.0% decline reported by NAAMSA Dealerships Peter Mountford 16
Slide 17: Dealerships SA
DEALERSHIPS SA New vehicle sales significantly outperform NAAMSA Revenue (R’m) Operating profit (R’m) 10 597 10 784 408 404 9 256 5 279 5 230 338 220 203 4 757 183 5 318 5 554 201 188 4 497 155 Jun 2022 Jun 2023 Jun 2024 Jun 2022 Jun 2023 Jun 2024 First half Second half First half Second half Highli
Slide 18: Dealerships UK
DEALERSHIPS UK Ford supply issues resulted in a notable decline in volumes and market share Revenue (R’m) Operating profit (R’m) 15 753 16 843 318 8 434 199 9 006 248 201 10 891 144 6 286 115 8 409 6 747 119 104 4 605 86 Jun 2022 Jun 2023 Jun 2024 Jun 2022 Jun 2023 Jun 2024 First half Second half Fi
Slide 19: Audited Final Results
Rigorous cost management continues to be a focus throughout the Group Audited Final Results Colin Brown 19
Slide 20: Statement of Comprehensive Income
STATEMENT OF COMPREHENSIVE INCOME Year ended Year ended 30 June 2024 30 June 2023 R’million Audited Restated* Change Highlights Revenue 64 899.0 62 025.9 4.6% The acquisitions contributed EBITDA 8 445.0 8 565.0 (1.4%) Revenue of R1.83 billion Depreciation and amortisation (4 650.1) (4 545.5) 2.3%
Slide 21: Statement of Financial Position
STATEMENT OF FINANCIAL POSITION As at As at 30 June 30 June 2024 2023 R’million Audited Restated Change Highlights Non-current assets 44 056.7 41 991.7 4.9% Capex mainly included Supply Chain vehicle fleets Property, plant and equipment & ROU assets 13 253.4 12 156.3 9.0% Investment property 173.7
Slide 22: Statement of Financial Position (continued)
STATEMENT OF FINANCIAL POSITION (CONTINUED) As at As at 30 June 30 June 2024 2023 R’million Audited Restated Change Highlights Warehouse lease borrowings Total equity 18 308.5 19 570.0 (6.4%) increased by 31.2% in SG Fleet Fund reserves and provisions 2 517.1 2 447.3 2.9% Non-controlling interes
Slide 23: Net Borrowings
NET BORROWINGS Highlights Raised net R262 million of bond notes during the year Net Net Debt maturity profile (excluding borrowings/ borrowings/ securitised warehouses): 83.8% long- Borrowings Cash (cash) (cash) term debt (longer than 12 months) 30 June 30 June 30 June 30 June R’million 2024 202
Slide 24: Statement of Cash Flows
STATEMENT OF CASH FLOWS 30 June 30 June 2024 2023 Highlights R’million Audited Restated Change Working capital inflow in the second half was R120 million Cash flows from operating activities Operating cash flow 8 565.6 8 866.1 (3.4%) Increase in lease portfolio assets due to strong growth in SG
Slide 25: Statement of Cash Flows (continued)
STATEMENT OF CASH FLOWS (CONTINUED) 30 June 30 June 2024 2023 R’million Audited Restated Change Highlights Additional investments in existing Cash flows from financing activities subsidiaries included increasing ownership in: Cash outflow on shares repurchased (82.3) (527.8) (84.4%) - SG Coal to 1
Slide 26: Prospects
By prioritising innovative client solutions and maintaining a strong focus on cost containment and cash generation, the Group is well positioned to deliver a resilient financial performance in the year to June 2025 Prospects Peter Mountford 26
Slide 27: Prospects
PROSPECTS Anticipate modest growth in the coming year Supply Chain Africa Supply Chain Europe The consumer businesses anticipate modest growth The business will continue to face tough trading in the coming year. This growth is expected to stem conditions, with contracted automotive parts volumes fro
Slide 28: Prospects
PROPECTS Expected to perform consistently well in FY25 SG Fleet Fleet Africa Expected to perform consistently well in FY25, Increased activity on existing contracts and good although post taxation earnings are forecast to be growth in ad hoc rental volumes should see the slightly lower than in the c
Slide 29: Prospects
PROSPECTS Expected to deliver improved performance Dealerships SA Dealerships UK Expected to deliver another resilient performance, Improved availability of new Ford models should see with strong contributions from services and ancillary the business achieve a reasonable recovery, although products.
Slide 30: The Board is pleased to declare a dividend of 60 cents per share
The Board is pleased to declare a dividend of 60 cents per share, based on a 5.9 times cover on HEPS. We extend our appreciation to our employees, clients and shareholders for their invaluable contributions and ongoing support of Super Group. 30
Slide 31: Thank You for Your Interest in Super Group
THANK YOU FOR YOUR INTEREST IN SUPER GROUP PETER MOUNTFORD COLIN BROWN Group Chief Executive Officer Group Chief Financial Officer Further information available on www.supergroup.co.za Investor Relations Executive: Michelle Neilson michelle.neilson@supergrp.com 31
Slide 32: Disclaimer
DISCLAIMER The financial information pertaining to Super Group Limited’s (Super Group’s) results are exactly as published on SENS in terms of the JSE Limited’s Listings Requirements. This presentation contains certain financial information which has been prepared for illustrative purposes only. The