Adcorp : FY2023 ADCORP GROUP INTERIM RESULTS PRESENTATION
November 01, 2022 at 04:06 am EDT
Share
6 months ended
31 August
2022
Interim
Results
Interim results | 6 months ended 31 August 2022
Disclaimer
The statements contained here in may contain certain forward-looking statements relating to the Group that are based on the beliefs of the Group's management as well as assumptions made by and information currently available to the Group's management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements, include without limitation, statements relating to the Group's business prospects, future developments, trends and conditions in the industry and geographical markets in which the Group operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to operations, margins, overall market trends, risk management and exchange rates. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements apply only as of the date on which they are made, and Adcorp undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Interim results | 6 months ended 31 August 2022
2
Overview
Dr John Wentzel
Chief Executive Officer
Interim results | 6 months ended 31 August 2022
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How did we do?
Revenue
Gross profit
PBT on continuing
up
up
operations up
Execution of growth
Capital effectively
Interim dividend of
strategy
deployed
12,2c per share
Interim results | 6 months ended 31 August 2022
4
What did we focus on in H1?
Execution of the growth strategy
Execution of the capital allocation framework
Lifted revenue 3.2%
Returned cash to shareholders via a dividend
Lifted gross profit 6.3%
Invested in organic growth
Customer satisfaction up
Invested in an acquisition
Cash management strong
Executed share buybacks
Interim results | 6 months ended 31 August 2022
5
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Adcorp Holdings Limited published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2022 08:05:04 UTC.
Adcorp Holdings Limited is a holding company organized around 4 areas of activity:
- temporary staff placement services (82.7% of net sales);
- training services (1.9%);
- permanent staff placement services (0.7%);
- other (14.7%).
Net sales are distributed geographically as follows: South Africa (55.3%) and Australia (44.7%).
ADCORP HOLDINGS LIMITED 
