Slide 1: FY 2024 Results Presentation
FY 2024 Results Presentation 21 August 2024 Century City FY 2024 RESULTS PRESENTATION Leading Innovation
Slide 2: Agenda
Agenda Trading Overview Financial & Segmental Review The Way Forward Q&A 1 2 3 4 FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 3: A year of reinvention: group at a glance
FEED 1600 KIDS AT 939 CORPORATE 10 ECD CENTRES AND COMPANY FRANCHISED RESTAURANT RESTAURANT DAILY BRANDS TURNOVER R10.6b EMPLOYEES at TARGET F25: 3800 1.7.24 5 ECD kids pd 53% FEMALE VK BRANDS 31 500 FRANCHISED 276 FRANCHISED RESTAURANT PARTNERS EMPLOYEES 77% BLACK 3.1 million DOPPIO SAUCE ACTIVE FA
Slide 4: The Year at a Glance
The Year at a Glance Group restaurant sales: R10.6b 11.5% 7.4%ꟸ Comparable Headline Cash generated Revenue Profit before tax profit before tax earnings from operations Return on equity 14.1% 7.3% 9.3% 10.8% R331m 29.6% 8.5%# 9.2%# 13.1%* Final dividend: 118 cents# Total dividend: 213 cents# *Excludi
Slide 5: Our Vision
Our Vision OMER EXPERIEN N UST CE O C CX I AT RM FR SFO CE ING THE EX ANC EE EXPERIEN D EA P TRAN L ER HISEE EXPERIE S BRAND IEN EX FX CE OY FO OD PL TH R O G M EG REATER N INN E CE O IX V A T IN IO V E ST C E N O R EX PE R IE N FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 6: Purpose and experience pillars
Memorable experiences that delight Purpose Our customers are our family Craveable food thru Innovative and purposeful distinctive tastes Personalized CX brands that lead connections that A resilient community of bring joy TOMER EXPERIENCE next gen franchisees. CUS DING THE E Spread the good to more
Slide 7: A table where all are welcome
In a world where people hunger for meaning, we can serve at a table where all are welcome FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 8: Leading for the Greater Good
Leading for the Greater Good FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 9: Khayelitsha Cookies investment
❑ R 362 000 investment for Khayelitsha Cookies: biscuit machine that will enable 15 more jobs to be created ❑ Participation from Spur, John Dory’s, Hussar Grill FY 2024 RESULTS PRESENTATION ALeading year of Innovation reinvention
Slide 10: Skills Development and Ops Cadets Program
❑ Skills Development R5.3m ❑ Ops Cadets Program for unemployed youth ❑ 18 Cadets selected and qualified after a 12-month learning & development program in Operations Management ❑ NQF level 5 Generic Management accreditation FY 2024 RESULTS PRESENTATION ALeading year of Innovation reinvention
Slide 11: Female board members and Exco
60% 50% 53% FEMALE BOARD FEMALE EXCO FEMALE MEMBERS MEMBERS SPUR CORP 50% 53% 60% FEMALE IN FEMALE IN FEMALE COMPANY FRANCHISED PROMOTIONS RESTAURANTS RESTAURANTS
Slide 12: iSidima Sisters
❑ iSidima Sisters supports young schoolgirls with monthly sanitary products. ❑ A partnership with Imbumba Foundation ❑ 773 girls have been supported across four provinces FY 2024 RESULTS PRESENTATION ALeading year of Innovation reinvention
Slide 13: Agenda
Agenda Trading Overview Financial & Segmental Review The Way Forward Q&A 1 2 3 4 FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 14: Restaurant Count: Countries
Restaurant Count: Countries Saudi Arabia 701 2 India 3 RESTAURANTS Ghana 3 Nigeria 10 Kenya 7 International 98 DRC 1 Zambia 26 Zimbabwe 7 Botswana 5 Mauritius 15 Lesotho 1 Namibia 11 Australia 2 Eswatini 5 South Africa 603 FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 15: Restaurant Count: Brand
Restaurant Count: Brand South Brand International Total Africa Restaurant count by brand Spur 307 30 337 Panarottis 88 40 128 John Dory’s 46 1 47 11% RocoMamas* 85 26 111 16% Speciality brands 77 1 78 48% 7% The Hussar Grill 27 - 27 Casa Bella 7 - 7 18% Nikos 6 - 6 Doppio Zero 27 1 28 Piza e Vino 9
Slide 16: Number of Restaurants
Number of Restaurants New restaurants Restaurant count Restaurant count Including DC Closed Revamps Relocations 30 June 2024 30 June 2023 acquisition Spur 307 304 5 2 27 4 Panarottis 88 78 11 1 9 - John Dory's 46 42 6 2 - 1 RocoMamas 85 85 1 1 10 1 Speciality brands 77 40 40 3 1 - The Hussar Grill 2
Slide 17: South Africa
South Africa FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 18: Restaurants: South Africa
RESTAURANTS: South Africa F2024 F2023 Turnover Turnover Brand No. of outlets No. of outlets % change R’000 R’000 Spur 6 339 152 307 5 925 215 304 7.0 Panarottis 918 128 88 828 276 78 10.8 John Dory’s 445 176 46 449 566 42 (1.0) RocoMamas 932 750 85 865 014 85 7.8 Speciality brands 945 526 77 511 822
Slide 19: F24 Group Turnover Monthly Trend Line
F24|Group Turnover Monthly Trend Line National Consecutive Record Breaking Performance in December Elections CT Taxi Strike June growth July performance due to school exceeds a previous year holidays record Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun F22 F23 F24 Monthly Average System Wide Sales
Slide 20: Serving the South African Consumer
Serving the South African Consumer Panarottis Spur Rocomamas John Dory’s Doppio Zero, Hussar Grill, Modern Tailors Casa Bella, Nikos, Piza é Vino 4m people FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 21: Group Customer Count: Monthly
Group Customer Count: Monthly Increase of An irregular customer count trend customer peaking again in May/June count Aug/Sept Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun F22 F23 F24 FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 22: International
International FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 23: Restaurants: International
RESTAURANTS: International F2024 F2023 Turnover Turnover Location No. of outlets No. of outlets % change % change* R’000 R’000 Australasia 46 007 2 45 608 2 0.9 (1.4) India 10 212 3 10 072 3 1.4 (1.6) Mauritius 217 207 15 198 086 14 9.7 5.3 Middle East 18 280 2 21 192 2 (13.7) (17.9) Rest of Africa
Slide 24: International highlights
International highlights ❑ R1b turnover record in F24 +10.5% on PY ❑ R23m profit ❑ Volatility in markets such as Kenya and Ghana ❑ 12 new restaurants opened including high volume sites in Zimbabwe ❑ Spur new look restaurants due to open in Mowana Botswana and Harare in Zimbabwe Mowana Botswana FY 20
Slide 25: Cork Corner, Harare, Zimbabwe
Cork Corner, Harare, Zimbabwe FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 26: Buffalo Hills, Bulawayo
Buffalo Hills, Bulawayo FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 27: Maerua Mall, Windhoek, Namibia
Maerua Mall, Windhoek, Namibia FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 28: Group Total Turnover
Group Total Turnover Restaurant Turnover Like-on-like Franchised restaurant turnover 12 months to June 12 months to June F2024 vs % change 2024 2023 F2023 Spur 7.0 24.9 6.3 Panarottis 10.8 18.6 6.1 John Dory’s (1.0) 8.7 (3.1) RocoMamas 7.8 9.6 8.2 Speciality brandsꟸ 84.7* 42.2 6.7 The Hussar Grill 1
Slide 29: Every effort starts and ends with the customer
Every effort that creates value will start and end with the customer FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 30: Restaurant Re-innovation
Restaurant Re-innovation Major rebranding for New Spur on all touch Concept in points. 19 restaurant Cavendish in new look Square 38% of the Panarottis network Features of new Hussar Doppio Zero restaurant with a bespoke style: transformed to new look Grill concept in Newmarket Newmarket and Tygerva
Slide 31: Brand Fast Facts: SA
Brand Fast Facts: SA SA: Takeaway Turnover SA VK brands: 364 Regional Turnover Contribution Day Part Sales represents 14% of total participating sales: restaurants: 1 EC Breakfast WC 6% 10% Uber Eats; 21% 38% 2 Dinner Collect 39% (Call / Click / 3 KZN Walk-in); 16% 55% GT Lunch 57% 4 51% Mr D; 25% 5
Slide 32: Casual Dining Brands
Casual Dining Brands FY 2024 RESULTS PRESENTATION A year of reinvention
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Slide 35: Spur Rebranding and new Restaurant Design
Spur Rebranding and new Restaurant Design ❑ Re-invention to keep the lead ❑ Menu Innovation Best in Class ❑ 2 New Products >R87m sales ❑ Spur rebranding a strategic milestone ❑ Well received new Chief ❑ Restaurants with new look: 19 (over 40 revamps planned in F25) ❑ Springboks and Spur partner both
Slide 36: Loyalty Increases via Family Clubs and Strategic Alliances
Loyalty Increases via Family Clubs and Strategic Alliances FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 37: Spur Family Club campaign
Spur Family Club campaign positively impacts group loyalty ❑ 1 million entries ❑ App sessions increased to over 200% ❑ New sign ups over 1.1m ❑ Active users now 3.1m ❑ Voucher redemption 76% FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 38: 5,526 community events
5 526 community events ❑ Franchisee funded events in local communities ❑ Supported by Operations Managers and Marketing We applaud our franchisees for their efforts and generosity in making South Africa a better place FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 39: Full Tummy Fund: feeding ECD children
❑ 1600 ECD children fed daily from the contribution of the R1 per Spur kids burger sold in restaurants ❑ Funded the training of 124 principals and teachers from Alexandra (Gauteng), Phokeng (North-West) and Khayelitsha (Western Cape) ❑ Full Tummy Fund has selected World Hunger Day as an annual event
Slide 40: Golden Spur, Riverside Mall, Rondebosch
Golden Spur, Riverside Mall, Rondebosch FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 41: Emerald Creek, Bryanston
Emerald Creek, Bryanston FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 42: Rocky Hills, Zeerust, NW
Rocky Hills, Zeerust, NW FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 43: Texas Spur, N1 City, Goodwood
Texas Spur, N1 City, Goodwood FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 44: Golden Oak Spur, Jean Crossing, Centurion
Golden Oak Spur, Jean Crossing, Centurion FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 45: Lone Hawk, Glen Fair, Pretoria
Lone Hawk, Glen Fair, Pretoria FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 46: Phoenix Spur, Brooklyn, Pretoria
Phoenix Spur, Brooklyn, Pretoria FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 47: Décor Division Shaping Up
Décor Division Shaping Up ❑ Décor new CNC machine R1.3m capex ❑ Expansion of Décor division to support roll out of Spur new look ❑ In house production of new Chief shape language at a 20% cost benefit to franchisees FY 2024 RESULTS PRESENTATION ALeading year of Innovation reinvention
Slide 48: Mountain Peak Spur, Vergelegen
Mountain Peak Spur, Vergelegen FY 2024 RESULTS PRESENTATION Leading Innovation
Slide 49: Panarottis delivers a great performance
Panarottis delivers a great performance ❑ New marketing direction with increased awareness levels ❑ Menu innovation for spicier, meatier, fresher and healthier options ❑ Customer Experience in restaurants ensures a great vibe ❑ Small town strategy in full swing ❑ Opened 11 new and revamped 11 restau
Slide 50: Northridge, Bloemfontein
Northridge, Bloemfontein FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 51: Vryburg
Vryburg FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 52: Thabazimbi
Thabazimbi FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 53: Hermanus
Hermanus FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 54: Lydenburg
Lydenburg FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 55: The Grove, Pretoria
The Grove, Pretoria FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 56: John Dory's new look!
John Dory’s new look! Current Cavendish Less 20% Monthly Average First Month Post Honeymoon ❑ 6 new restaurants in F24 (most traded for seven months and less) ❑ New Look Restaurant at Cavendish Square opened in F25 ❑ Sushi Master Classes endorses the quality sushi product and CX ❑ Sushi 20% of total
Slide 57: John Dory's supports Save a Fishie Beach Clean Ups
❑ John Dory’s supports “Save a Fishie” Beach Clean Ups ❑ R1 from every Hake & Chips sold goes towards JD’s environmental sustainability initiatives. ❑ Sustainably sourced seafood FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 58: Cavendish Square, Claremont
Cavendish Square, Claremont FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 59: Rockin' and Re-inventing
Rockin’ and Re-inventing • XXX ❑ Like on Like Turnover growth: 8.2% ❑ Menu innovation: Big Dipper, Shareables, Tame the Flame ❑ Grand Master Smash-ers ❑ Best of George, Pretoria, Ekurhuleni, Joburg: Best Burgers, Sit Down, Takeaway, Best Milkshake FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 60: Highveld Mall, Witbank
Highveld Mall, Witbank FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 61: Polokwane
Polokwane FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 62: Rondebosch
Rondebosch FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 63: Green Feather Reward
Green Feather Reward Spur Corp’s Green Feather Reward (GFR) is an initiative that recognises and celebrates restaurants that have made significant contribution towards promoting sustainability, reducing their carbon footprint, and positively impacting the environment • Winner|R50000|Rocomamas Vander
Slide 64: Speciality Portfolio
Speciality Portfolio FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 65: Speciality Portfolio Dominance: Hussar Grill & Doppio Zero
27 28 Hussar Doppio Grill Zero 30% Day Trade 72% 70% Night Trade 28% PERCENTAGE OF TURNOVER F24 7 months NIGHT TRADE DOMINANCE DAY TRADE DOMINANCE Speciality Portfolio Dominance: Hussar Grill & Doppio Zero FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 66: Dominant Brands: Ranked by monthly average turnover
Dominant Brands: Ranked by monthly average turnover: F24* Company owned restaurant number shifts from 4 to 14 Group Speciality Portfolio Company owned restaurants contribution^ ❑ 24% of Turnover ❑ 82% of Revenue ❑ 34% of Profit 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
Slide 67: Strategic Priority was the expansion of Doppio Zero
BRAND EQUITY BENEFIT RESTAURANT INNOVATION OPERATIONS GEARED FOR 4 New restaurants F24 GROWTH Restaurant development and 4 New in F25H1 menu innovation. Partners with Appointment of industry expert High turnover sites a unique flair for food and operations executive Expansion to new regions hospital
Slide 68: Doppio Collection
DOPPIO COLLECTION 3% 16% 81% DOPPIO PIZA E VINO MODERN TAILORS ❑ 2nd Modern Tailors (Ambassador) ❑ Ciccio’s pilot in Melrose: exit plan ❑ Piza e Vino future direction defined ❑ Team Integration Phase 1 ❑ Leverage synergies at Doppio Foods: products in trial FY 2024 RESULTS PRESENTATION A year of rei
Slide 69: Doppio, Tyger Valley
Doppio, Tyger Valley FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 70: Doppio, Newmarket, Alberton
Doppio, Newmarket, Alberton FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 71: Groenkloof, Pretoria
Groenkloof, Pretoria FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 72: Speciality: SC Brands
SPECIALITY: SC BRANDS 14% 16% 70% HUSSAR CASA BELLA NIKOS ❑ NIKOS closed 2 poor performing restaurants (LOL +18%) ❑ Direction set for Pizza & Pasta portfolio ❑ Hussar Grill entrée to regional radio ❑ Hussar Grill celebrates 60 years FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 73: Nikos, Montecasino
Nikos, Montecasino FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 74: Menlyn Park Shopping Centre, Pretoria
Menlyn Park Shopping Centre, Pretoria FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 75: Kloof Revamp
Kloof Revamp FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 76: Newmarket, Alberton
Newmarket, Alberton FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 77: Agenda
Agenda Trading Overview Financial & Segmental Review The Way Forward Q&A 1 2 3 4 FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 78: Income Statement
Income Statement R’m F2024 F2023 % change Revenue 3 473.6 3 045.2 14.1 From franchised and company stores activities 890.1 681.2 30.7 From marketing and related activities 375.2 326.3 15.0 From outsourced distributor sales 2 208.3 2 037.7 8.4 Cost of sales (2 360.6) (2 113.3) 11.7 Gross Profit 1 113
Slide 79: Segmental Overview
Segmental Overview % of group revenue % change in revenue % change in profit % margin % margin F2024 F2024 vs F2023 F2024 vs F2023 F2024 F2023 Franchise 13.3 11.0 10.6 82.2 82.4 Spur 9.1 6.7 6.5 87.0 87.2 Panarottis 1.2 10.1 11.6 70.4 69.5 John Dory’s 0.6 (0.5) (3.0) 56.6 58.1 RocoMamas 1.3 5.9 17.5
Slide 80: Segment SA Franchise – Spur
SEGMENT SA Franchise – Spur R’m R’m SA Franchise revenue % change 11.0* SA Franchise profit before tax % change 10.6* Spur revenue % change 6.7* Spur profit before tax % change 6.5* SA Spur revenue Total SA franchise revenue 250 250 SA Spur profit before tax Total SA franchise profit before tax 234
Slide 81: Segment SA Franchise – ex Spur
SEGMENT SA Franchise – ex Spur R’m Revenue R’m Profit before tax Panarottis % change 10.1* John Dory's % change (0.5)* Panarottis % change 11.6* John Dory's % change (3.0) RocoMamas % change 5.9* Speciality % change 101.5*ꟸ RocoMamas % change 17.5* Speciality % change 68.7*⁺ Panarottis revenue John
Slide 82: Segment Retail company stores
SEGMENT Retail company stores R’m R’m Revenue % change 119.5*⁺ Profit before tax % change (54.1)*ꟸ 10,0 Profit before tax Revenue 140 129 7,0 120 6,0 6,0 6,4^ Profit before tax (excluding 4,5 3,9 5… impairments, Modrockers 100 and DC) 3,4 80 2,0 1,2 1,5 60 61 (0.2) 42 45 (1.0) 40 (2,0) 35 28 20 0 (6
Slide 83: Segment SA Manufacturing and distribution
SEGMENT SA Manufacturing and distribution R’m R’m Revenue % change 9.9*ꟸ Profit before tax % change 5.1*⁺ 60 Net margin % Profit before tax 1 400 Revenue 1 200 1 221 50 47 1 087 1 102 45 3.7% 1 000 1 025 40 38 888 36 37 800 822 36 30 600 20 400 200 10 - - H1 2022 H2 2022 H1 2023 H2 2023 H1 2024 H2 2
Slide 84: Segment SA Marketing funds
SEGMENT SA Marketing funds R’000 *F2024 F2023 % change Revenue⁺ 366 655 319 870 14.6 Loss before tax (3 573) ꟸ 1 104 - Deferred income movement** (27 925) 1 998 - *2024 includes Doppio Collection marketing funds effective from 1 December 2023. ⁺Current year revenue excluding Doppio Collection is R36
Slide 85: Segment SA Other & Shared services
SEGMENT SA Other & Shared services OTHER* SHARED SERVICES % % R’000 F2024 F2023 R’000 F2024 F2023 change change Revenue 134 463 (71.1) Revenue 61 366 48 093 27.6 Marketing fund admin fee 16 253 15 456 5.2 Operating income 683 2 710 (74.8) profit/(loss) Other net interest income 29 202 22 652 28.9 Sh
Slide 86: SA Shared services comparable overheads
SEGMENT SA Shared services Comparable overheads R’000 F2024 F2023 % change Shared overheads (189 849) (167 618) (13.3) Spur Foundation (before interest) 4 29 Legal costs (GPS Litigation) 5 950 - Nikos contingent consideration FV adjustment (net of ECL) - (115) Financial instrument impairments (IFRS
Slide 87: Segment International
SEGMENT International R’m Store turnover R’m % change 10.5* % change 46.4* Revenue Profit before tax % change 16.5* Net margin % Profit before tax Store Turnover International revenue 14 600 13 524 12 500 514 476 31.6% 464 10 10 400 378 358 8 7 8 8 300 6 200 5 4 100 2 22 26 31 31 35 37 - - H1 2022 H
Slide 88: Balance Sheet
Balance Sheet R'm F2024 F2023 Non-current assets Property, plant and equipment 106.0 87.2 Right-of-use assets 63.0 19.9 Intangible assets and goodwill 499.6 363.0 Other non-current assets1 5.8 6.0 674.4 476.1 Current Assets Inventories 136.1 121.2 Trade and other receivables 148.7 113.0 Tax receivab
Slide 89: Cash Flow
Cash Flow R'm F2024 F2023 Operating profit 344.5 349.0 Working capital changes (14.0) 6.9 Cash generated from operations 330.5 355.9 Trade and other payables 36.1 44.9 Trade and other receivables (39.0) (14.5) Inventories (11.1) (23.5) Total working capital changes (14.0) 6.9 FY 2024 RESULTS PRESENT
Slide 90: Cash Flow
Cash Flow R'm F2024 F2023 Operating profit 344.5 349.0 Working capital changes (14.0) 6.9 Cash generated from operations 330.5 355.9 Net finance income 29.0 25.4 Tax paid (106.9) (97.6) Dividend paid (177.0) (136.8) Cash flow from operating activities 75.6 146.9 Cash flow from investing activities#
Slide 91: Acquisition of Doppio Collection
Acquisition of Doppio Collection The fair value of identifiable assets and liabilities acquired on 1 December 2023 comprise: R’000 Intangible assets (Doppio Zero and Piza e Vino trademarks and related intellectual property) 73 587 Right-of-use assets 47 861 Property, plant and equipment 18 511 Inven
Slide 92: Agenda
Agenda Trading Overview Financial & Segmental Review The Way Forward Q&A 1 2 3 4 FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 93: The Greater Good Journey continues
The Greater Good Journey continues. TechTech enabled Restaurant enabled Restaurant of theof future the&future Customer&Facing Digitization Customer Facing Digitization FAMILY CLUB SUPPLY CHAIN Keep the lead with EXPERIENCE VIA EFFECTIVENESS FOR Increase sales and family casual dining PERSONALIZATION
Slide 94: Thank you
Thank you FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 95: Appendices
Appendices FY 2024 RESULTS PRESENTATION A year of reinvention
Slide 96: Segmental SA: Franchise Spur
1. SEGMENTAL SA: FRANCHISE Spur R’m Store turnover % change 7.0* R’m Revenue % change 6.7* Profit before tax % change 6.5* 4000 Revenue Store turnover 160 Net margin % Profit before tax 3500 146 3 340 140 132 128 3000 3 037 2 999 120 125 88.3% 2 888 2500 105 87.2% 2 472 100 87.2% 85.6 2 273 2000 90
Slide 97: Segmental SA: Franchise Panarottis
1. SEGMENTAL SA: FRANCHISE Panarottis R’m R’m Store turnover % change 10.8* % change 10.1* Profit before tax % change 11.6* Revenue Revenue Store turnover 500 18 Net margin % Profit before tax 470 448 427 16 16 400 401 366 14 14 14 332 13 13 72.2% 300 12 70.7% 68.5% 10 70.6% 68.2% 200 8 8 100 6 54.8
Slide 98: Segmental SA: Franchise John Dory's
1. SEGMENTAL SA: FRANCHISE John Dory’s R’m Store turnover % change (1.0)* R’m Revenue % change (0.5)* Profit before tax % change (3.0)* John Dory's revenue Store turnover 7 Net margin % Profit before tax 250 237 235 214 6 6 6 213 210 200 199 5 5 57.9% 60.3% 5 150 58.2% 4 4 52.5 % 100 3 3 41.7% 50 2
Slide 99: Segmental SA: Franchise RocoMamas
1. SEGMENTAL SA: FRANCHISE RocoMamas R’m Store turnover R’m % change 7.8* Revenue % change 5.9* Profit before tax % change 17.5* 600 Revenue Store turnover Net margin % Profit before tax 20 500 18 18 480 17 453 453 16 16 400 412 76.5% 395 394 14 15 14 78.6% 13 300 12 73.4% 70.2% 71.0% 69.5% 10 200 8
Slide 100: Segmental SA: Franchise Speciality brands
1. SEGMENTAL SA: FRANCHISE Speciality brands R’m Store turnover % change 84.7*& R’m Revenue % change 101.5*⁺ Profit before tax % change 68.7*ꟸ 700 Revenue Store turnover 18 Net margin % Profit before tax 17 600 598 16 14 67.7 500 %% 400 C12 12 300 347 V10 9 85.3 261 8 8 % 251 89.9% 200 206 6 7 86.5
Slide 101: International: Restaurant Count
2. International: Restaurant Count Doppio Spur Panarottis John Dory’s RocoMamas Total Zero Botswana 2 - - 1 2 5 Eswatini 3 1 - - 1 5 Democratic Republic of Congo (DRC) - - - - 1 1 Ghana - - - - 3 3 Africa Kenya 5 - - - 2 7 (excluding SA and Mauritius) Lesotho - 1 - - - 1 Namibia 7 1 - - 3 11 Nigeria
Slide 102: Segmental International: Overview
3. Segmental International: Overview REVENUE NET PROFIT / (LOSS) % R’000 % R’000 % of group margin margin revenue F2024 F2023 Change F2024 F2023 Change F2024 F2023 F2024 Australasia - 599 678 (11.7) (198) 85 (332.9) (33.1) 12.5 Rest of Africa & M.East 1.9 63 627 55 364 14.9 29 544 25 489 15.9 46.4 4
Slide 103: South Africa Shared Services Cost analysis
4. South Africa Shared Services Cost analysis R’m F2024 F2023 Information Technology 34.9 34.2 People, Leadership and Culture 15.6 14.3 Executives 36.3 38.3 Finance and facilities (employment costs) 19.3 18.2 Legal and company secretarial 5.0 6.1 Development 12.5 7.6 Long-term incentives 20.9 13.0 S
Slide 104: International Shared Services
5. International Shared Services R’000 F2024 F2023 % change Operating loss (6 315) (9 847) 35.9 Financial instrument impairments (IFRS 9) & actual credit losses 9 256 Foreign exchange loss 478 3 807 Comparable operating loss* (5 828) (5 784) (0.8) * Applying a constant exchange rate – comparable cor
Slide 105: Retail
Retail • Total number of new SKUS added: 252 • New SKUS accounted for 204 • Replacement SKUS accounted for 48 • New retail items • Durkynaise – 300ml • Creamy Chilli – 300ml • BBQ Sauce – 1litre • Durky Sauce – 1litre • Durky Sauce – 300ml • New items at SCK • Spur Sweet Sticky BBQ Basting (April 20