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SF Ann: Summary, Condensed Unaudited Group Financial Results for the 6 months ended 31 Dec 2023 & Div Declaration
BOWLER METCALF LIMITED
(Registration number 1972/005921/06)
Share code: BCF ISIN number: ZAE000030797
SHORT FORM ANNOUNCEMENT
SUMMARY OF CONDENSED UNAUDITED GROUP FINANCIAL RESULTS FOR THE SIX MONTHS
ENDED 31 DECEMBER 2023 AND DIVIDEND DECLARATION
31 December 31December
2023 % 2022
R'mil Unaudited Change Unaudited
Earnings
Revenue 434.0 +21 358.3
Profit from operations 56.6 +47 38.5
Net profit before tax 69.2 +47 47.1
Net profit after tax 50.5 +49 33.9
Attributable to parent
Net profit after tax and total
comprehensive income 50.5 +49 33.9
Earnings – cents per share
Earnings 73.49 +52 48.39
Headline earnings 73.49 +52 48.39
Dividends – cents per share
Final previous year paid 24.60 -9 27.00
Interim- payable 25 March 2024 24.00 +52 15.80
Net asset value 761.7 +8 708.1
An interim gross cash dividend, as defined by the Income Tax Act, of 24.00 cents per
share ("cps") for the six months ended 31 December 2023 (2022: 15.80 cps) has been
declared and is payable to shareholders on Monday, 25 March 2024. The last day to
trade will be Monday, 18 March 2024, the ex-date is Tuesday, 19 March 2024 and the
record date will be Friday, 22 March 2024. Share certificates may not be dematerialised
or re-materialised between Tuesday, 19 March 2024 and Friday, 22 March 2024, both days
inclusive. The directors confirm that at the date of this report they are satisfied with the
solvency and liquidity test.
This dividend will be made from income reserves. The gross dividend is 24.00 cps. Dividend
Withholding Tax (DWT) is 20%. The net local cash dividend to shareholders liable for DWT
will therefore be 19.20 cps.
The number of shares in issue (including treasury shares) at the date of declaration is
74 703 569.
The short-form announcement is the responsibility of the directors and is only a summary
of the information in the full announcement and does not contain full or complete details.
Any investment decisions by investors and/or shareholders should be based on
consideration of the full announcement released on SENS on 6 February 2024 and
published on the Company's website as a whole. The full announcement can be found
on the Company's website at www.bowlermetcalf.co.za and also at the following link:
https://senspdf.jse.co.za/documents/2024/JSE/ISSE/BCF/BCFIR23.pdf
Copies of the full announcement may also be requested at the Company's registered
office and at the office of the sponsor, at no charge, during office hours by phoning the
Company on +27 21 704 2223.
Cape Town Prepared by:
6 February 2024 AC September CA(SA)
Sponsor
AcaciaCap Advisors Proprietary Limited
Date: 06-02-2024 05:15:00
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