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Group annual financial statements, summarised audited group annual results, cash dividend declaration for the 52 weeks ended 28 June 2026
TRUWORTHS INTERNATIONAL LTD
(Incorporated in the Republic of South Africa)
(Registration number: 1944/017491/06)
(Tax reference number: 9875/145/71/7)
JSE and A2X code: TRU
NSX code: TRW
ISIN: ZAE000028296
LEI: 37890099AFD770037522
GROUP ANNUAL FINANCIAL STATEMENTS, SUMMARISED AUDITED GROUP ANNUAL RESULTS, CASH DIVIDEND DECLARATION FOR THE 52 WEEKS ENDED 28 JUNE 2026
Truworths International Ltd (the company) is an investment holding and management company listed on the stock exchanges operated
by the JSE Ltd (JSE) and A2X (Pty) Ltd (A2X), as well as the Namibian Stock Exchange. Its principal trading entities, Truworths Ltd and
Office Holdings Ltd, are engaged either directly or indirectly through subsidiaries, concessions, agencies or wholesale partnerships, in the
cash and account retailing of fashion clothing, footwear, homeware and related merchandise. The company and its subsidiaries
(the Group) operate primarily in South Africa and the United Kingdom (UK) and have a presence in the Republic of Ireland and other sub-
Saharan African countries.
Key features:
Reported 52 weeks to 28 June 2026
Retail sales down 0.9% to R21.8 billion
Sale of merchandise up 0.1% to R21.3 billion
Gross profit margin 51.3%
(2025: 51.3%)
Operating margin 19.2%
(2025: 20.0%)
Earnings per share 724.6 cents
(2025: 745.2 cents)
Headline earnings per share 732.2 cents
(2025: 752.1 cents)
Diluted headline earnings per share 726.6 cents
(2025: 743.4 cents)
Net asset value per share 2 845 cents
(2025: 2 859 cents)
Cash generated from operations R4.2 billion
(2025: R4.8 billion)
Share buy-backs 17.1 million shares repurchased at a total cost of
R949 million (R55.32 average price per share)
Net cash* R196 million
(2025: R720 million)
Annual dividend per share 474 cents
*Net cash comprises cash and cash equivalents (excluding cash and cash equivalents held by the charitable trusts) and money market fund
investments held at fair value, less interest-bearing borrowings and bank overdraft.
The audited Group annual financial statements, are accessible via the JSE cloud link at
https://senspdf.jse.co.za/documents/2026/jse/isse/tru/FY2026AFS.pdf and on the company’s website at
www.truworths.co.za/investor-relations. As the information in this announcement does not provide all of the details, any investment
decisions in relation to the company’s shares should be based on consideration of the audited Group annual financial statements.
The Group’s annual financial statements for the period ended 28 June 2026 have been audited by the company’s auditors,
Deloitte & Touche, who expressed an unmodified audit opinion thereon.
The summarised audited Group annual results for the 52 weeks ended 28 June 2026 and cash dividend declaration notice are also
available on the company’s website at www.truworths.co.za/investor-relations.
The directors of the company hereby confirm that the Group annual financial statements and the summarised audited group annual
results for the 52 weeks ended 28 June 2026 have been prepared in compliance with the JSE Listings Requirements.
FINAL DIVIDEND
The directors of the company have resolved to declare a final gross cash dividend from retained earnings in respect of the 52-week period
ended 28 June 2026 in the amount of 153 South African cents (2025: 170 South African cents) per ordinary share to shareholders reflected
in the company’s register on the record date, being Friday, 18 September 2026.
The last day to trade in the company’s shares cum dividend is Tuesday, 15 September 2026. Consequently, no dematerialisation or
rematerialisation of the company’s shares may take place over the period from Wednesday, 16 September 2026 to
Friday, 18 September 2026, both days inclusive. Trading in the company’s shares ex dividend will commence on Wednesday,
16 September 2026. The dividend is scheduled to be paid in South African Rand (ZAR) on Monday, 21 September 2026.
Dividends will be paid net of dividends tax (currently 20%), to be withheld and paid to the South African Revenue Service. Such tax must
be withheld unless beneficial owners of the dividend have provided the necessary documentary proof to the relevant regulated
intermediary (being a broker, CSD participant, nominee company or the company’s transfer secretaries, Computershare Investor Services
(Pty) Ltd, Private Bag X9000, Saxonwold, 2132, South Africa) that they are exempt therefrom, or entitled to a reduced rate, as a result of
a double taxation agreement between South Africa and the country of tax domicile of such owner.
The withholding tax, if applicable at the rate of 20%, will result in a final net cash dividend per ordinary share of 122.4 South African cents.
The company has 400 551 604 ordinary shares in issue as at the date of this announcement. The dividend on 31 279 039 of these shares
(at the date of this announcement) held by Group subsidiaries as treasury shares for their own account will flow back into the Group. In
accordance with the company’s memorandum of incorporation, the dividend will only be paid by electronic funds transfer, and no cheque
payments will be made. Accordingly, shareholders who have not yet provided their bank account details should do so to the company’s
transfer secretaries.
The directors have determined that gross dividends amounting to less than 2 000 South African cents due to any one shareholder of the
company’s shares held in certificated form, will not be paid, unless otherwise requested in writing, but the net amount thereof will be
aggregated with other such net amounts and donated to a charity to be nominated by the directors of the company.
On behalf of the board.
H Saven MS Mark
Chairman Chief Executive Officer
27 August 2026
Truworths International Ltd Transfer secretaries:
(Incorporated in the Republic of South Africa) In South Africa:
(Registration number: 1944/017491/06) Computershare Investor Services (Pty) Ltd,
(Tax reference number: 9875/145/71/7) Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196, South
Africa
JSE and A2X code: TRU Private Bag X9000, Saxonwold, 2132, South Africa
NSX code: TRW
ISIN: ZAE000028296 In Namibia:
LEI: 37890099AFD770037522 Transfer Secretaries (Pty) Ltd,
Robert Mugabe Avenue No. 4, Windhoek, Namibia
Registered office: PO Box 2401, Windhoek, Namibia
No. 1 Mostert Street, Cape Town, 8001, South Africa
Company Secretary:
PO Box 600, Cape Town, 8000, South Africa
D Pask
Sponsor in South Africa: Directors:
One Capital H Saven (Chairman)§‡, MS Mark (CEO)*, EFPM Cristaudo (Joint
Deputy CEO/CFO)*, SJ Proudfoot (Joint Deputy CEO)*, BM
Sponsor in Namibia:
Deegan§‡, D Earp§‡, JHW Hawinkels (Lead Independent
Merchantec Capital
Director)§‡, AMSS Mokgabudi§‡, TF Mosololi§‡, DR Motsepe§‡,
Auditors: WG Muller§‡, RJA Sparks§‡, AJ Taylor§‡ and SJ Vilakazi§‡
Deloitte & Touche * Executive § Non-executive ‡ Independent
www.truworths.co.za/investor-relations
Date: 27/08/2026 12:30:00
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