Curro interim results June 2018
Revenue for the interim period increased 18% to R1.242 billion (2017: R1.051 billion), earnings before interest, taxation, depreciation and amortisation ("EBITDA") jumped 31% to R335 million (2017: R255 million), profit attributable to owners of the parent rose 24% to R138 million (2017: R111 million), while headline earnings per share from continuing operations grew 22% to 33.6 cents per share (2017: 27.6 cents per share).
No dividend was declared for the period under review.
The Board believes Curro is well positioned for growth and remains optimistic about its long-term prospects.
Effective 10 August 2018, Zandile Nangamso (Nan) Mankai was appointed to the Curro Board as an independent non-executive director. Nan has been appointed as a member of the audit and risk committee.