BUSINESS REVIEW
BUSINESS REVIEW
OVERVIEW
The group experienced pressure for the larger part of the first six months
and very few of the key indicators and business drivers were positive.
As a result the headline earnings per share of 86,9c, was 11,8% lower
than the 98,5c per share of the corresponding period of the previous
year. Should the gain from the KLK Landbou acquisition of R21m be
taken into account, the earnings of R168m, are 8,4% higher than the
R155m earnings of the previous year. The net cash inflow since year-
end has been R97,1m, despite the cash outflow due to the investment
in KLK Landbou.
senwes interim results 31 october 2019
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