Article
Senwes Group reports resilient 2025 results
Published: 01/08/2025
Senwes has released its financial results for the year ended 30 April 2025, delivering a resilient performance in a challenging environment. Despite a 24,6% decline compared to the previous year, the group still achieved its third-best financial results to date. Profit after tax attributable to shareholders was R645 million, with normalised headline earnings per share of 399,1 cents (2024: 484,3 cents). Challenging conditions including severe drought, high interest rates, and infrastructure constraints affected the local agricultural sector. On a global scale, economic stagnation in Germany muted demand and a constrained second-hand machinery market placed pressure on the group’s subsidiary in Eastern Germany. Senwes’ acting group chief financial officer, Wayne Edwards, noted that the group is implementing a turnaround plan in Germany. “While it’s still early days, we believe Senwes has laid a strong foundation for future growth in the region.” Senwes declared a final dividend of 54 cents per share (2024: 50 cents) and repurchased shares valued at R51 million, enhancing overall shareholder returns. – Press release