WHL H1 headline earnings per share rises to 167.4 cps (+9.6%)

Reuters03-04 13:13
WHL H1 headline earnings per share rises to 167.4 cps (+9.6%)

WHL reported unaudited interim results for the 26 weeks ended 28 December 2025, with turnover and concession sales of ZAR 42.5 billion (+5.4%) and turnover of ZAR 41.6 billion (+5.2%). Adjusted EBITDA rose to ZAR 4.6 billion (+3.2%) and adjusted profit before tax was ZAR 2.0 billion (+0.3%), while profit before tax fell to ZAR 2.0 billion (-23.0%). Headline earnings per share increased to 167.4 cps (+9.6%) and adjusted diluted headline earnings per share was 170.3 cps (+0.7%); earnings per share were 166.6 cps (-32.1%). Return on capital employed was 16.6% (from 17.0%), and net borrowings (excluding lease liabilities) were ZAR 5.8 billion. By division, Woolworths South Africa delivered turnover and concession sales growth of 6.8%. Woolworths Food reported turnover and concession sales of ZAR 27.3 billion (+7.0%), with Woolies Dash revenue up 23% and online contributing 7.2% of SA Food sales; adjusted operating profit was ZAR 1.8 billion (+3.5%) and gross margin was 24.8% (down 10bps). Fashion, Beauty and Home posted turnover and concession sales of ZAR 8.3 billion (+6.2%) with online at 6.2% of sales; adjusted operating profit was ZAR 0.8 billion (+1.0%) and gross margin was 45.8% (down 50bps). Country Road Group sales increased 2.3%, with adjusted operating profit of AUD 14.8 million (+4.2%). WHL declared an interim dividend of 118.0 cps (+10.3%). The group said its share buyback programme began in September 2025, with 6.9 million shares repurchased at a weighted average price of ZAR 51.23, and noted cash conversion of 109.8% and a net debt to EBITDA ratio of 1.48x.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Woolworths Holdings Ltd. published the original content used to generate this news brief on March 04, 2026, and is solely responsible for the information contained therein.

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