Calgro M3 Holdings LimitedJSE: CGR

CGR: Margins and EPS up despite lower revenue; pipeline expands to ZAR 33bn, led by Frankenwald

· Issued by Calgro M3 Holdings Limited

Revenue declined year-over-year, but gross margins rose to 29% and EPS increased by 28.55%. Strong cash generation and a robust balance sheet support a ZAR 33 billion pipeline, with major focus on the Frankenwald project and continued cost discipline.

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