INVESTMENT PROPOSITION
Super Group offers an exceptional investment opportunity through its focus on sustainable growth. The Group consistently delivers cutting-edge solutions that meet the evolving needs of its clients by staying attuned to emerging trends and technological advancements.
Super Group has demonstrated its proficiency in identifying and leveraging avenues for expansion through strategic investments, partnerships and acquisitions. This track record underscores a commitment to sustainable growth and an ability to deliver long-term value to investors.
2023 IN NUMBERS
Delivering an exceptional financial performance
Revenue increased
by 30.6% to
Revenue increased by 30.6% to
R61.88 billion
(2022: R47.37 billion*)
EBITDA increased
by 20.8% to
EBITDA increased by 20.8% to
R8.49 billion
(2022: R7.03 billion)
Operating profit increased
byย 20.7% to
Operating profit increased byย 20.7% to
R3.95 billion
(2022: R3.27 billion)
Profit before tax increased
byย 18.7% to
Profit before tax increased byย 18.7% to
R2.97 billion
(2022: R2.50 billion)
Earnings per share increased
by 24.9% to
Earnings per share increased by 24.9% to
472.9 cents
(2022: 378.5 cents)
Headline earnings per share increased by 23.3% to
Headline earnings per share increased by 23.3% to
469.4 cents
(2022: 380.7 cents)
Operating cash flow increased by 18.9% to
Operating cash flow increased by 18.9% to
R8.72 billion
(2022: R7.33 billion)
Net asset value per share
increased by 20.5% to
Net asset value per share increased by 20.5% to
R46.27
(30 June 2022: R38.40)
Dividend per share increased
by 27% to
Dividend per share increased by 27% to
80 cents
(2022: 63 cents)
* Restated
Sharing value across our supply chain
R6.8 billion
in wealth (wages and benefits) distributed to employees
(2022: R5.8 billion)
More than 3% of payroll cost
invested in skills development
(2022: >3%)
R2.7 billion paid in
government taxes
(2022: R3 billion)
R26.4 million invested in corporate social investment (CSI)
(2022: R21.1 million)
20 007 people employed in 24 countries
(2022: 14 934 people)
62.57% of goods and services procured from South African suppliersย who are accredited B-BBEEย Level 3 (or better) contributors
(2022: 60%)
Scope and boundary
The Integrated Report contains a range of information prepared in accordance with a diverse set of regulations and frameworks. These include International Financial Reporting Standards (IFRS), the Companies Act, 71 of 2008, as amended (the Companies Act), JSE Listings Requirements, JSE Debt Listings Requirements, King IV1 and the International Integrated Reporting Framework. The Integrated Report extends beyond financial reporting to include non-financial considerations and disclosures.
The report provides insight into the operating environment and the associated material matters, risks and opportunities. These material matters serve as a filter for determining the information to be included in this report. The material matters were identified through interviews with senior executives, risk management processes and stakeholder engagement. Matters raised through stakeholder engagement have been assessed in terms of the stakeholderโs influence, legitimacy and impact.
When making materiality judgements, the Board of directors of Super Group Ltd (the Board) and the Group Exco assess all available information from both a quantitative and qualitative perspective and consider whether the matter could impact how the Group creates or sustains value over the short, medium and long term. Information pertaining to material matters, operating environment and stakeholder engagement is disclosed in this report and was approved by the Board.
| 1 | The King Report on Corporate GovernanceTM for South Africa, 2016 (King IV). Copyright and trademarks are owned by the Institute of Directors in South Africa NPCย and all of its rights are reserved. |
REPORTING SUITE
A comprehensive reporting suite can be accessed at www.supergroup.co.za/investor-information/integrated-reporting/.
THE SIX CAPITALS
The report does not explicitly provide disclosure against the six capitals as defined in the International Integrated Reporting Framework. The Group does, however, carefully consider the capitalsโ impact on the business and, conversely, the Groupโs impact on the capitals. This integrated thinking is reflected in the Groupโs strategy, business models and approach to stakeholder relationships โ all of which are outlined in the report.
Assurance
The 2023 Integrated Report is the outcome of a Group-wide reporting process. Supported by the Board committees, Group Exco and robust internal control systems, the Board is ultimately accountable for the accuracy and completeness ofย theย information contained in the report.
Financial information in this report is drawn from the Annual Financial Statements prepared in accordance with the relevant standards. Theseย areย audited by the Groupโs external auditors, Ernst & Young Inc., in accordance with international auditing standards. The Independent Auditorโs Report can be found in the Annual Financial Statements.
Non-financial information in this report is reviewed and approved by the relevant Board committees. TLVT verification service, an accredited broad-based black economic empowerment (B-BBEE) verification agency, has verified B-BBEE performance and confirmed a Level 2 rating. The verification certificate is available at supergroup.co.za/transformation-b-bbee/.
The Board is satisfied with the reliability of the information presented in this report and did not obtain additional external assurance.
BOARD APPROVAL
The Board acknowledges its responsibility for the integrity of this report. In the Boardโs opinion, the report addresses all the matters thatย areย material to the Groupโs ability to create value and fairly presents Super Groupโs integrated performance. The Board is also ofย theย opinionย that the report sufficiently addresses the requirements of the International Integrated Reporting Framework.
The Board approved this report on 29 September 2023.
DISCLAIMER
This Integrated Report may contain forward-looking statements concerning the Groupโs strategy, financial conditions, growth plans and expectations. Such views involve both known and unknown risks, assumptions, uncertainties and important factors that could materially influence the actual performance of the Group. Therefore, no assurance can be given that these views will prove to be correct, and no representation or warranty expressed or implied is given as to the accuracy or completeness of such views.