Argent Industrial (ART) H2 2025 earnings summary

Executive summary

• Achieved strong financial and strategic objectives for FY2025, with earnings after tax up 10.2% to R270 million year-over-year and headline EPS up 12.5% to 493.3 cents.

• Revenue grew 3.6% to R2.64 billion, driven by robust performance in manufacturing and international expansion.

• Integrated acquisitions (Mersey Containers, Xpanda Canada) exceeded expectations; further offshore acquisitions are being pursued.

• Declared a final dividend of 67 cents, total FY2025 dividend 127 cents per share.

Financial highlights

• Revenue: R2.64 billion (up from R2.54 billion in FY2024).

• Attributable earnings: R270 million (FY2024: R244.9 million).

• Headline EPS: 493.3 cents (FY2024: 438.5 cents).

• Net asset value per share: 3,488.1 cents (FY2024: 3,115.4 cents).

• Return on equity: 14.0%.

• Gearing: 8.0%.

• Dividend cover: 4.1x.

Outlook and guidance

• Robust international order book and expanding branded manufacturing platforms position the group for continued growth in FY2026.

• Focus on innovation, offshore acquisitions, and portfolio optimization to drive shareholder value.