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HUDACO:  18,750   +35 (+0.19%)  02/07/2026 17:53

HUDACO INDUSTRIES LIMITED - Unaudited Interim Results for the six months ended 31 May 2026, Dividend Declaration, Committee Appointment

Release Date: 02/07/2026 16:30
Code(s): HDC     PDF:  
Wrap Text
Unaudited Interim Results for the six months ended 31 May 2026, Dividend Declaration, Committee Appointment

HUDACO INDUSTRIES LIMITED
("Hudaco" or the "Company")
Incorporated in the Republic of South Africa
Registration number 1985/004617/06
Share code: HDC
ISIN: ZAE000003273

UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 MAY 2026, INTERIM CASH DIVIDEND DECLARATION NUMBER
78 AND APPOINTMENT TO THE EXECUTIVE COMMITTEE

Salient features

                                                                                    31 May              31 May                   %
                                                                                      2026              2025 #              Change
  Revenue from continuing operations (Rm)                                            4 212               3 847                9.5
  Operating profit from continuing operations (Rm)                                     485                436                11.2
  Comparable earnings per share (cents)                                                978                870                12.4
  Basic and headline loss per share from discontinued operations (cents)             (349)                (37)
  Headline earnings per share (cents)                                                  629                938                -32.9
  Basic earnings per share (cents)                                                     630                941                -33.0
  Interim dividend per share (cents)                                                   385                350                 10.0
  Net asset value per share (cents)                                                12 671              12 174                  4.1
# The alternative energy business and the battery bay management and battery service businesses within
  Eternity Technologies have been discontinued and the 31 May comparative figures have been represented accordingly.

Declaration of interim cash dividend number 78

Interim dividend number 78 of 385 cents per share is declared payable on Tuesday, 11 August 2026 to ordinary shareholders
recorded in the register at the close of business on Friday, 7 August 2026.

The timetable for the payment of the dividend is as follows:

Last day to trade cum dividend                                                           Tuesday, 4 August 2026
Trading ex dividend commences                                                          Wednesday, 5 August 2026
Record date                                                                               Friday, 7 August 2026
Payment date                                                                            Tuesday, 11 August 2026

Share certificates may not be dematerialised or rematerialised between Wednesday, 5 August 2026 and Friday, 7 August 2026,
both days inclusive. The certificated register will be closed for this period.

In terms of the Listings Requirements of the JSE Limited regarding the Dividend Tax, the following additional information is
disclosed:

•    the dividend has been declared from income reserves;
•    the dividend withholding tax rate is 20%;
•    the net local dividend amount is 308 cents per share for shareholders liable to pay the Dividend Tax and 385 cents per share
     for shareholders exempt from the Dividend Tax;
•    Hudaco has 30 895 980 shares in issue (which includes 2 507 828 treasury shares); and
•    Hudaco's income tax reference number is 9400/159/71/2.

Appointment to the executive committee

Shaun Coetzee, an experienced executive who joined the group on 1 March 2026 as a portfolio executive, was appointed to the
executive committee on 29 June 2026.

Short-form announcement

This short-form announcement is the responsibility of the directors of Hudaco. It is only a summary of the information contained
in the unaudited interim results for the six months ended 31 May 2026 (the "full announcement") and does not contain full or
complete details. Any investment decisions by investors and/or shareholders should be based on consideration of the full
announcement published on the JSE cloudlink at https://senspdf.jse.co.za/documents/2026/jse/isse/HDC/ie2026.pdf .

The full announcement is available on the Company's website (www.hudaco.co.za) and copies may be requested from the Company
at info@hudaco.co.za or may be inspected at the registered office of the Company, at no charge, during office hours.

2 July 2026
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 02-07-2026 04:30:00
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