Leadership

 

Leadership

CHAIRMAN'S REPORT

The 2018 financial year has been defined by Blue Label’s acquisitions of 45% of Cell C, 100% of 3G and 60% of Airvantage. Blue Label spent R7.55 billion on these acquisitions, of which R3.9 billion was funded through the issuing of 272 million new shares.

Larry Nestadt
Chairman

 

INTERVIEW WITH THE JOINT CEO'S

Together with Blue Label’s expertise, channels to market and product portfolio, we believe our new acquisitions have added to our exciting formulae for revolutionary growth.

Brett Levy     Mark Levy
Joint Chief Executive Officers

 

CFO'S REPORT

The net asset value per share increased by 35% to R9.88 and earnings per share increased by 2% to 116.12 cents per share.

Dean Suntup
Financial Director

About us

 

Highlights

Revenue increased 1% to R26.8
billion

Including PINless, revenue grew 9%

Gross profit increased 7% to R2.28
billion

HEPS increased 1% to 115.42c

EBITDA increased 4% to R1.34
billion

Core HEPS increased 4% to 120.61c

Acquisition
of 45% of
Cell C, 60% of
Airvantage
and 100% of
3G Mobile
concluded