Aug 28 2017
Super Group signs Kenya deal as profit swells 8%
Super Group had secured its first entry into East Africa through a new contract signed with the Kenyan government, the company said at its financial results presentation for the year to June on Monday. CEO Peter Mountford said the group would provide vehicles to its clients, with potential for related contracts. The group reported an 8% growth in operating profit to R2.1bn for the year, while core headline earnings per share grew 8% to 332c. Revenue was up 15% to R29.9bn, lifted by acquisitions and the turnaround of the SG Coal business.
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