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CASHBIL:  10,864   -84 (-0.77%)  02/09/2026 16:28

CASHBUILD LIMITED - Annual results and dividend declaration for the year ended 28 June 2026

Release Date: 02/09/2026 07:10
Code(s): CSB     PDF:  
Wrap Text
Annual results and dividend declaration for the year ended 28 June 2026

Cashbuild Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1986/001503/06)
Share code: CSB
ISIN: ZAE000028320
("Cashbuild" or "the Company")

Annual results and dividend declaration for the year ended 28 June 2026

- Revenue R12.1 billion up 6%
- Headline earnings R196.0 million down 9%
- Net asset value per share 7 784 cents down 3%
- Dividend 626 cents

COMPANY PROFILE
Cashbuild is southern Africa's leading retailer of quality building materials and associated products,
selling direct to a predominantly cash-paying customer base through its chain of 317 stores at reporting
date. Cashbuild carries an in-depth quality product range tailored to the specific needs of the communities
it serves. Its customers are typically home-builders and improvers, contractors, farmers, traders, as well
as all other customers requiring quality building materials at the best value.

FINANCIAL HIGHLIGHTS
Group revenue for the period increased by 6%. Revenue for stores in existence prior to July 2024 
(pre-existing stores - 297 stores) increased by 2% and the 20 new stores contributed 4% to growth.
Transactions through the tills increased by 5%. Selling price inflation was 1.5% at the end of 
June 2026. Gross profit increased by 8% with gross profit margin percentage increasing from 24.8% 
to 25.3%. Operating expenses increased by 9% (excluding the loss on disposal of the Malawi 
subsidiary, 7%).

The effective tax rate for the period is 29.2% compared to 26.5% for the prior period.

Basic earnings per share decreased by 25% and headline earnings per share decreased by 8%. The
difference is mainly due to the loss realised on disposal of the Malawi subsidiary of R34.9 million.

Cash and short-term funds increased by 4% to R2.0 billion. Inventory levels, including new stores,
increased by 7% with stock days at similar levels to prior year at 97 days. Net asset value per share is
7 784 cents (June 2025: 7 996 cents).

During the period the Group opened 9 new stores and closed 11 underperforming stores (5 Cashbuild and
6 P&L Hardware stores). The Group further acquired 3 Amper Alles stores and disposed of the Malawi
subsidiary with its 2 stores. The Group further refurbished 19 stores. Cashbuild will continue its store
expansion, relocation, and refurbishment strategy in a controlled manner, through its feasibility process.
The opening and conversion of stores to the Cashbuild Small Model Stores (SMS) remains on track.

PROSPECTS
Group revenue for the 7 weeks subsequent to period end is at similar levels to prior year's comparative
7-week period. Management expects trading conditions to remain challenging. This information has not
been reviewed and reported on by the Group's auditor.

FINANCIAL SUMMARY
                                                    28 June      29 June
                                                       2026         2025         %
R'million                                         (52 weeks)   (52 weeks)   change
Revenue                                              12 113       11 478         6
Gross profit                                          3 066        2 844         8
Operating profit                                        292          344       (15)
Earnings per share (cents)                            786.1      1 042.5       (25)
Headline earnings per share (cents)                   959.9      1 040.4        (8)
Final dividend per share (cents)                      233.0        300.0       (22)

DECLARATION OF DIVIDEND
The Board declared a final dividend (No. 67) of 233.0 cents (2025: 300.0 cents) per ordinary share, out of
income reserves to all shareholders of Cashbuild Limited. The dividend per share is calculated based on
22 784 712 (2025: 23 379 712) shares in issue at the date of the dividend declaration. The net local
dividend amount is 186.4 cents per share for shareholders liable to pay Dividends Tax and 233.0 cents per
share for shareholders exempt from paying Dividends Tax. The total dividend for the year amounts to
626.0 cents (2025: 626.0 cents). Local Dividends Tax is 20%.

Cashbuild Limited's tax reference number is 9575168712.

Date dividend declared:                                Wednesday, 2 September 2026
Last day to trade "CUM" the dividend:                    Monday, 21 September 2026
Date to commence trading "EX" the dividend:             Tuesday, 22 September 2026
Record date:                                             Friday, 25 September 2026
Date of payment:                                         Monday, 28 September 2026

Share certificates may not be dematerialised or rematerialised between Tuesday, 22 September 2026 and
Friday, 25 September 2026, both dates inclusive.

Johannesburg

Sponsor: Nedbank CIB, a division of Nedbank Limited

Approved by the Board on 31 August 2026

Released 2 September 2026

This short-form announcement is the summarised version of the consolidated annual financial statements
("financial statements") for the year ended 28 June 2026 of Cashbuild Limited and its subsidiaries and,
as such, it does not contain full or complete details pertaining to the Group's financial statements.
This short-form announcement has not been audited by the external auditor, is the responsibility of the
Board of directors of Cashbuild and is prepared based on the audited financial statements. Any investment
decisions should be based on the full announcement available on Cashbuild's website www.cashbuild.co.za
and on the JSE cloudlink https://senspdf.jse.co.za/documents/2026/jse/isse/CSB/ye2026.pdf. The financial
statements have been audited by the company's external auditor, Deloitte & Touche who expressed an
unmodified opinion on the financial statements. Shareholders are advised that, in order to obtain a full
understanding of the nature of the auditor's engagement and more specifically the nature of the information
that has been audited, they should obtain a copy of the auditor's report included in the financial statements.





Date: 02/09/2026 07:10:00
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