)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Calgro M3
Calgro M3 (CGR) investor relations material
Calgro M3 H1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2027 earnings summary19 Oct, 2026
Executive summary
H1 revenue rose to R465.668m from R460.030m and gross margin held at 29.46%; profit after tax fell to R75.623m from R79.995m, with EPS affected by a one-off IFRS 9 loan modification loss.
Strategy focused on non-core asset disposals, integrated residential developments, Memorial Parks expansion and long-term debt reduction; infrastructure investment increased debt and cash use.
Memorial Parks grew strongly while residential revenue remained broadly stable amid constrained end-user demand.
Financial highlights
Revenue was R465.668m versus R460.030m; gross profit was R137.180m versus R135.376m, and gross margin was 29.46% versus 29.43%.
EBIT was R79.346m versus R97.655m; profit after tax was R75.623m versus R79.995m. EPS and HEPS were both 78.99 cents, versus 83.00 cents and 82.86 cents, respectively.
Net cash used in operating activities was R159.920m versus R88.382m; period-end cash was R52.308m.
Cash utilised from operations was R110.30m versus R50.63m; construction contracts increased to R2.40bn from R2.11bn at February 2026.
Net finance income was R10.085m; share of JV profit was R11.669m versus R14.356m.
Outlook and guidance
Priorities include non-core asset disposals, strategic infrastructure investment, net-debt reduction and Memorial Parks expansion; long-term debt reduction is supported by asset sales.
Constrained affordable-housing demand and municipal approval uncertainty may persist; serviced opportunities and guaranteed offtake support sales-led construction.
Bankenveld District City phase 1 bulk and link infrastructure is on track for Q1 FY2028 completion, with internal infrastructure planned to follow.
Target ROIC is 15% over five years; the dividend policy is to be reassessed at FY-end.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Calgro M3
- Higher profit and margins offset lower revenue as pipeline rollout and capital discipline took focus.CGR
H2 2024 - Revenue and NAV up, Memorial Parks growth, positive outlook amid economic uncertainty.CGRH2 2026
- Revenue and EPS declined, but gross margin and Memorial Parks performance remained strong.CGRH1 2026
- EPS up 28.55% and margins improved, supporting long-term growth amid revenue decline.CGRH1 2025
- Record margins and a R31.8bn pipeline support growth despite a 32.7% revenue drop.CGRH2 2025
Next Calgro M3 earnings date
H2 202717 May, 2027
Calgro M3
Next Calgro M3 earnings date
H2 202717 May, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Calgro M3 Holdings Limited is a property and property-related investment company based in South Africa. The company specializes in the development of integrated residential developments and the development and management of memorial parks. Calgro M3’s residential projects include mid to high-income housing, offering a range of modern, well-designed homes aimed at enhancing community living. Their memorial parks provide serene, secure environments for laying loved ones to rest, featuring five privately owned parks across the country. The company is headquartered in Johannesburg, South Africa, and its shares are listed on the JSE.