Full Year Results 2024

Full Year Results 2024

Operating profit before impairment, depreciation and amortisation declined by USD 1.9 million (- 4%). Included in this decline is the impact of the once-off non-recurring income from Treasury investments of USD 2.8 million in the prior year.

  • 2023 Annual Report

  • Simbisa Brands declares a final dividend of 0.392 US cents per share

USc 33.38 0.4900 (1.49%) End of day:- Oct. 21, 2024 Listing:- Victoria Falls Stock Exchange

Why invest in Simbisa Brands?

Investing in Culturally Rich and World-Class Dining Experiences

African-Focused

As an African-focused restaurant company we serve over 56 million customers across 9 African countries in pursuit of our mission to empower our people to always deliver the best in class restaurant experiences to our valued customers.

Culture

Our well-known brands, high levels of service and loyal customer base is testimony to our understanding of the cultural differences associated with eating out in Africa and our strong management team’s track record of working in Africa.

Diversity

We own and operate a portfolio of brands targeting consumers across all income categories, through our Casual, Fine Dining and Quick Service Restaurants. Strategic location ensures consistent access to large volumes of consumers.

Latest Investor Announcements

Stay informed with the most recent updates.

Announcements archive

We are targeting to open 36 new stores in FY25 and revamp 36 stores at a total cost of USD 17.8 million. 6 shops will be closed or rationalised. In addition, a restructure of some of the Group’s property investments will occur in the financial year ending 30 June 2025.

Performance Highlights

Full Year Results 2024

  • Revenue (US$)

    286.4 million

    FY2023: 270.4 million

    5.9%

  • EBITDA (US$)

    41.8 million

    FY2023: 43.3 million

    -3.6%

  • Cash generated (US$)

    46.8 million

    FY2023: 46.6 million

    0.5%

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