Famous Brands
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Famous Brands (FBR) investor relations material

Famous Brands H1 2027 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2027 earnings summary21 Oct, 2026

Executive summary

  • H1 revenue rose 2.3% to R4.336bn, while operating profit fell 4.7% to R375m and operating margin narrowed to 8.6% from 9.3%.

  • Free cash flow more than doubled to R459m; Leading Brands and Supply Chain gains helped offset weakness in Signature Brands and regional markets.

Financial highlights

  • Revenue increased 2.3% to R4.336bn; gross profit was R1.811bn, down 0.1%.

  • Operating profit fell 4.7% to R375m; profit before tax was R296m versus R355m, and profit for the period was R199.8m versus R260.1m.

  • HEPS declined 3.2% to 228c; basic EPS fell 23.4% to 181c, reflecting the R41m goodwill impairment among specified adjusting items.

  • Cash generated from operations rose 19.5% to R564m; free cash flow increased 108% to R459m from R221m.

  • Interim dividend increased 4.9% to 170c per share from 162c.

Outlook and guidance

  • Forecasts indicate revenue, profit and free cash flow growth over the year ahead, although economic uncertainty is expected to keep growth under pressure.

  • Franchise partners remain committed to investment; focus areas include selective growth, value-led propositions, drive-thrus, smaller formats and efficiency.

  • Corrective actions in Signature Brands, AME and Retail supported interim progress; Signature Brands actions are expected to show more clearly in FY2027 results.

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H2 202717 May, 2027
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Frequently asked questions

Famous Brands Limited is a South African company engaged in the food and beverage industry, primarily operating in the quick-service and casual dining restaurant sectors. The company owns, operates, and franchises a portfolio of restaurant brands, including local and international names. In addition to its restaurant operations, Famous Brands has a food services division that manufactures and supplies food products to its restaurant network and third-party customers. The company is headquartered in Midrand, South Africa, and its shares are listed on the JSE.