Foschini Group LimitedJSE: TFG

TFG: Record financial year with margin expansion, strong Africa/London growth, and strategic execution

· Issued by Foschini Group Limited

Record results driven by margin expansion, strong H2 performance, and strategic acquisitions. Africa and London segments delivered robust growth, while Australia faced headwinds but showed signs of recovery. Inventory and cost controls, omni-channel, and loyalty initiatives supported profitability.

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