Cas Group, Led By Botswana Executive Duncan Lewis, Declares 6.4 Million Dividend For Investors

CA S declared a 6.4 million final dividend, up 24.9, maintaining its policy of paying 20 of headline earnings to shareholders.

Revenue climbed 10.6 to 683.37 million, while HEPS surged 25.3, driven by acquisitions, organic expansion, and improved operational efficiency.

Operating across eight African countries, CA S invests in logistics, technology, and advisory services to strengthen its FMCG distribution and retail execution.

CA S Group, a dual-listed fast-moving consumer goods FMCG services company based in Gauteng and led by Botswana executive Duncan Lewis, has declared a final gross dividend of 6.4 million for its 2024 fiscal year. The payout represents a 24.9 percent increase from the previous year, reflecting the companys steady financial and operational growth.

Sticking to its dividend policy of 20 percent of headline earnings, the Botswana-based firm will pay shareholders R0.2444 0.0131 per share, amounting to R117.05 million 6.42 million . The dividend is set for distribution on April 29, 2025, with the record date on April 25 and ex-dividend trading beginning April 23.

CA S posted strong financial results for 2024 , with revenue rising 10.6 percent to R12.52 billion 683.37 million, driven by organic growth, acquisitions, and market expansion. Headline earnings per share HEPS jumped 25.3 percent to R1.227 0.0671, highlighting improved profitability.

Operating profit increased 4.7 percent to R782.57 million 42.72 million. Adjusting for a one-off gain from the prior years acquisition of Namibias T C Group, earnings per share EPS rose 27.9 percent, showing solid underlying performance.

CA S remains committed to delivering strong shareholder value through our strategic market expansion and integrated service offerings, said CEO Duncan Lewis. Our ability to navigate supply chains, enhance brand visibility, and optimize retail execution continues to position us as a leading FMCG services provider in the region.