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Condensed Financial Results for the year ended 30 November 2025 and Declaration of Dividend Number 77
HUDACO INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
Registration number 1985/004617/06
Share code: HDC
ISIN: ZAE000003273
("Hudaco" or the "Company")
CONDENSED FINANCIAL RESULTS FOR THE YEAR ENDED 30 NOVEMBER 2025 AND DECLARATION OF DIVIDEND
NUMBER 77
Salient features
30 November 30 November %
2025 2024 change
Revenue (Rm) 8 748 8 379 4.4
Operating profit before fair value adjustments (Rm) 1 097 1 007 8.9
Profit for the year (Rm) 640 546 17.2
Comparable earnings per share (cents) 2 205 2 012 9.6
Headline earnings per share (cents) 2 327 2 012 15.7
Basic earnings per share (cents) 2 023 1 782 13.6
Dividends per share (cents) 1 120 1 025 9.3
Net asset value per share (cents) 12 897 12 012 7.4
Auditor's review
The salient features above have been extracted from the Company's condensed financial statements for the year
ended 30 November 2025 that have been reviewed by the Company's auditors, Deloitte & Touche, who have
expressed an unmodified review conclusion. The auditors' review report is included in the full announcement.
Declaration of final dividend number 77
Final dividend number 77 of 770 cents per share (2024: 700 cents per share) is declared payable on Monday, 2 March
2026 to ordinary shareholders recorded in the register at the close of business on Friday, 27 February 2026.
The timetable for the payment of the dividend is as follows:
Last day to trade cum dividend Tuesday, 24 February 2026
Trading ex dividend commences Wednesday, 25 February 2026
Record date Friday, 27 February 2026
Payment date Monday, 2 March 2026
Share certificates may not be dematerialised or rematerialised between Wednesday, 25 February 2026 and Friday,
27 February 2026, both days inclusive. The certificated register will be closed for this period.
In terms of the - Requirements of the JSE Limited ("JSE") 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 616 cents per share for shareholders liable to pay the Dividend Tax and 770
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.
Short-form announcement
This short-form announcement is the responsibility of the directors of Hudaco and has not been audited or reviewed
by the Company's auditors. It is only a summary of the information contained in the reviewed condensed results for
the year ended 30 November 2025 (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/ye2025.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.
5 February 2026
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 05-02-2026 03:45:00
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