ELB final results June 2018
Sales for the year increased to R3.7 billion (2017: R2.5 billion) and profit from operations grew to R163.5 million (2017: R114.8 million). Profit for the year attributable to ordinary shareholders of the Company rose to R96.8 million (2017: R70.7 million). Furthermore, headline earnings per share were higher at 341 cents per share (2017: 243.2 cents per share).
Ordinary dividend number 140
The directors have declared a final cash dividend of 50 cents per share on the Company's ordinary shares for the year ended 30 June 2018.
The Group continues to target a number of opportunities that, if successful, should further position the Group favourably for the next twenty-four to thirty-six months. The Group is confident that it can exploit the opportunities as they present themselves and continue to deliver on its strategy.