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478 JAMES CRESENT MIDRAND JOHANNESBURG
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Business Description
Famous Brands is best known for its much-loved brands and reputation as a leading and responsible franchisor in the restaurant industry. The Group listed in 1994 with one brand and a limited supply chain. Today our enterprise consists of 2 887 restaurants in South Africa, Africa Middle East and the United Kingdom. The brand portfolio includes, among others, Steers, Debonairs Pizza, Wimpy, Mugg & Bean, Fishaways and Milky Lane. Our business model comprises four core pillars: Brands, Manufacturing, Logistics and Retail. The portfolio is segmented into Leading (mainstream) Brands and Signature (niche) Brands. A vertically integrated business supports our Brands in South Africa and selected African countries. Our Supply Chain refers to our Manufacturing, Logistics and Retail operations and offers high-quality ingredients and products to our franchise partners and retailers at a competitive price. What drives us: • We are deeply passionate about innovative branded food services solutions • We value our mutually beneficial relationships with our franchise partners • We strive to be the best in all our markets at creating great consumer experiences • Our economic engine is driven by sustainable like-for-like growth
- FAMOUS BRANDS F2025 INTERIM RESULTS We announced our interim results for the six months ended 31 August 2024 today. Key financial highlights: - Headline earnings per share increased by 9. 5% to 218 cents - Increase in revenue of 2% to R4 017m - Operating profit remained steady at R371m - Slight decrease in operating profit margin to 9. 2% Shareholders will receive an interim dividend of 150c per share (up 9% from 2023) For the full presentation and set of results visit our Investor Centre: ()
- Earlier today, we announced via SENS that we had achieved Level 1, BBBEE compliance. This is the first time we have achieved such accreditation. This accreditation has arisen from a deliberate journey that we as a business have travelled for several years in our primary market, South Africa. We are immensely proud of this achievement which has taken a concerted effort from everyone at Famous Brands. *
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