Group revenue increased by 16% to R1.38 billion (2012: R1.18 billion) while gross profit jumped 19% to R582.5 million (2012: R490.8 million). Operating profit rose by 23% to R253.6 million (2012: R206.6 million). Profit attributable to equity holders went up to R177.5 million (2012: R145.3 million). In addition, headline earnings per share were up 20% to 180cps (2012: 150cps)
Dividend
Notice is hereby given that an interim gross dividend No. 38 of 130cps, payable out of income, has been declared in respect of the six months ended 31 August 2013.
Prospects
Prevailing trading conditions are likely to persist for the foreseeable future. Consumer disposable income will continue to be constrained, and competition amongst industry participants is likely to accelerate. Margin pressure will remain a feature as fuel and food inflation continue to rise. Despite these factors, the food services category remains a robust one. Industry statistics* predict that consumption of fast food (as viewed over a four week period) is expected to increase by a compound annual growth rate of 5,2% to 34,1 million consumers in 2017 up from 20,4 million consumers in 2008. In this context and by virtue of its affordable, accessible and aspirational offerings, the Group is optimistic regarding its future growth opportunities.
Famous Brands is well positioned to capitalise on any available disposable income over the forthcoming period which includes the peak summer holiday trading period. The Groups brands are represented at all major consumer hubs, ranging from suburban shopping malls, casinos, coastal resorts and airports to national road transit sites and outlying rural areas. This accessibility to potential customers has been enhanced with the recent awarding of the food service licence at a range of Kruger National Park sites including Pretoriuskop, Satara and Letaba (Wimpy), and Lower Sabie and Olifants (Mugg & Bean). The rest of Africa offers good growth opportunities as the shift from informal to branded food service offerings becomes entrenched. The Groups recent investment in Nigeria exemplifies its conviction that this region will become increasingly significant to the business over time. Management is mindful that a continued focus on product innovation, value, quality, service, trading formats and break-through communications will be critical in retaining its market leadership position, and is satisfied that the appropriate teams and structures are in place to do so.
Famous Brands Limitedis a holding company organized around 3 areas of activity:
- logistics services : primarily warehousing and distribution services;
- manufacturing of food products and beverages : sauces, condiments, bakery products, fruit juice, mineral water, etc.;
- fast food services : operated, at the end of February 2023, 2,887 franchised restaurants under the Steers, Wimpy, Debonairs Pizza, Mugg & Bean, Blacksteer names, etc.
Net sales are distributed geographically as follows: South Africa (92.4%), Africa and Middle East (5.7%) and the United Kingdom (1.9%).
FAMOUS BRANDS LIMITED 
By 
