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SANTOVA LIMITED - Audited Preliminary Results for the Year Ended 29 February 2024

Release Date: 15/05/2024 15:30
Code(s): SNV     PDF:  
Wrap Text
Audited Preliminary Results for the Year Ended 29 February 2024

SANTOVA LIMITED
("Santova" or "the Group")
(Registration Number 1998/018118/06)
Share Code: SNV
ISIN: ZAE000159711

Audited Preliminary Results for the Year Ended 29 February 2024

Financial Highlights

Headline earnings per share down 20,1% to 123,77 cents per share
Profit for the period decreased 30,1% to R147,3 million
Tangible net asset value increased 27,3% to R6,11 per share
Revenue and net interest income down 4,5% to R637,8 million

The directors have declared that given the Group's continued focus on building value per share,
the Group's cash resources are best applied by reinvesting in the business and therefore no
dividend has been declared for the year ended 29 February 2024.

The short-form announcement is the responsibility of the Board of Directors of the Group. It
contains only a summary of the information in the full announcement and does not contain full
or complete details.

The full announcement can be found at:
https://senspdf.jse.co.za/documents/2024/jse/isse/snv/SNV290224.pdf

Copies of the full announcement are also available for viewing on the Group's website at
https://www.santova.com/investor-information/results-centre or may be requested in person, at
the company's registered office, at no charge, during office hours.

Any investment decisions by investors and/or shareholders should be based on consideration
of the full announcement and not on the short-form announcement.

The Group's audited Preliminary Results for the year ended 29 February 2024 have been
audited by the Group`s external auditors, Moore Johannesburg Inc. The group auditors have
issued an unmodified opinion on the Group's Annual Financial Statements for the year ended
29 February 2024.

Durban
15 May 2024
Sponsor and Corporate Advisor
River Group

Date: 15-05-2024 03:30:00
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