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Fri 3 Jul 2026
Close: 18 996c 
Day's move: 246c (1.31%)
Volume: 6 316
Trades: 157
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Continuing operations
Turnover for the interim period went up by 9.5% to R4.2 billion (R3.8 billion) whilst gross profit was 8.7% higher at R1.6 billion (R1.5 billion). Operating profit before fair value adjustments jumped by 11.2% to R485 million (R436 million). Profit attributable to equity holders rose marginally by 0.4% to R278 million (R277 million). Furthermore, headline earnings per share increased by 0.3% to 978 cents per share (975 cents per share).
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.
Results presentation
Hudaco will be presenting its results for the six months ended 31 May 2026 via webinar at 10:00 on Friday, 3 July 2026. Should you wish to participate, kindly contact Megan Cameron-Gunn at megan@hudaco.co.za or visit our website. The slides which form part of the webinar presentation will be available on the company’s website from Friday, 3 July 2026.
Company prospects
We are cautiously optimistic for the second half of the year despite ongoing geopolitical risks and the current economic climate.
Hudaco is resilient and our businesses typically perform better in the second half. We expect to benefit from management not having the distraction of the discontinued operations in the second half of the year.
We will adhere to our long-term strategy of maintaining a diversified portfolio of high-margin, cash-generating businesses. These businesses generate the cash flow that enables us to pay attractive dividends and pursue value-adding acquisitions, thereby supporting earnings growth, as evidenced by the contributions from Isotec and FloSolve in this half’s results. As always, we will navigate our way through tough economic times by staying focused on the factors within our control, such as gross margins, expense ratios and working capital.
Our existing businesses remain well-positioned to capitalise rapidly on any improvement in market conditions. Hudaco’s strong balance sheet enables continued strategic capital allocation so quality, accretive acquisitions and the potential repurchase of Hudaco shares are always under consideration
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| Click here for Results Analysis |
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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