Super Group’s strategic execution on a number of corporate actions has delivered
significant value to shareholders, marking a transformative year for the Group. Key
divestments, including the sale of SG Fleet and the inTime business in Germany, streamlined
operations and improved the Group’s financial position. This decisive repositioning has
strengthened Super Group’s balance sheet, reduced debt and set the stage for sustainable,
scalable growth across its core Southern African and International markets.
“The sale of SG Fleet unlocked R7.47 billion in capital and was a significant milestone for Super
Group,” says Group CEO, Peter Mountford. “Proceeds from the sale enabled the distribution of a
special dividend of R16.30 per ordinary share – amounting to R5.54 billion – to shareholders,
alongside a R1.96 billion repayment of interest-bearing debt.” This capital redeployment
dramatically improved the Group’s balance sheet, reducing net gearing from 136.3% to 20.6%
and improving net debt to EBITDA from 2.96x to 0.75x.
“These divestments represent a pivotal chapter in our evolution,” continues Mountford. “Super
Group has emerged as a leaner, more focused logistics and mobility solutions business, well
positioned for scalable growth across sub-Saharan Africa, the UK and Spain.”
Super Group today released its financial results for the year ended 30 June 2025. Group revenue
declined marginally by 1.4% to R44.51 billion while EBITDA decreased by 2.4% to R3.68 billion.
Operating profit was down 8.9% to R1.87 billion, reflecting ongoing economic and sector-specific
volatility across key markets. Headline earnings per share decreased by 1.2% to 239.8 cents.
“Super Group’s performance reflects the robustness of our diversified portfolio and our ability to
adapt amid continued global uncertainty,” comments Mountford. “While macroeconomic and
infrastructural challenges persist within our commodity businesses in particular, our focus on the
strategic deployment of capital into high growth opportunities and a stringent focus on service
excellence, positions the Group optimally to navigate these challenges.”
Divisional performance overview
Supply Chain Africa’s consumer-focused operations delivered an excellent performance, driven
by new client acquisitions, product diversification and expanded logistics services. Overall
results were constrained by challenges in the commodity transport segment. Persistent low coal
export volumes, ongoing border delays and slow turnaround times at South African ports
weighed heavily on performance, with profitability further pressured by bad debts within the coal
operations.
The performance of the South African dealerships was supported by a well-diversified portfolio
of value and volume brands. “New car sales of Asian brands grew significantly by 20.8%, although
luxury brand volumes declined by 2.5%, reflecting the continuing decline in consumer
affordability in South Africa” explains Mountford. The strategic expansion of multi-branded
franchise operations has also broadened the Group’s market reach and enhanced customer
choice.
The Dealerships UK operating profit declined on the back of a decline in Ford’s market share and
the impact of the Vehicle Emissions Trading Schemes (VETS) legislation on the availability and
supply of combustible fuel vehicles. The strategic consolidation of the dealership network has,
however, laid the groundwork for future growth and the performance in the UK of the newly
introduced Omoda and Jaecoo brands has been promising.
Operational efficiency improvements and a focused effort to expand its corporate client base,
saw Fleet Africa deliver a solid performance despite limited tender activity.
Looking ahead
Notwithstanding ongoing macroeconomic pressures in Southern Africa, Europe and the UK,
Super Group expects an improved earnings performance in the 2026 financial year. An improved
performance is anticipated from the coal and copper export commodity businesses despite the
ongoing Durban port challenges.
The consumer supply chain and fleet businesses are expected to deliver solid results, bolstered
by new client wins and expanded services. South African dealerships are expected to continue
outperforming the market, benefiting from a broader brand portfolio and multi-franchised sites.
“We remain confident in our ability to unlock value for our shareholders,” concludes Mountford.
“With a strong balance sheet, solid cash flow and sharpened strategic focus, Super Group is well
positioned to capitalise on emerging strategic and new business opportunities over the next year
ENDS/