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Highlights

Excellent Westcon International performance

Strong operating cash generation

UEPS materially impacted by exceptionally high IFRS 2 charge of US$53 million (FY22: US$15 million from
continuing operations)

Solid results from
Logicalis International

Special dividend of ZAR2.7 billion paid on successful sale of Analysys Mason

Logicalis Latin America
turnaround in H2

FY23 final dividend declared of
ZAR439 million, based on
UEPS (adjusted for IFRS 2
charges) of 29.5 US cents
(FY22: 27.4 US cents)

	Audited year ended 28 February 2023 "FY23"	Audited year ended 28 February 2022 "FY22"	% movement
Continuing revenue (US$ million)	5 143.1	4 546.4	13
Continuing gross profit (US$ million)	744.5	729.8	2
Continuing adjusted** EBITDA (US$ million)	180.2	158.9	13
Combined^{^} underlying* earnings per share (US cents)	7.9	18.7	(58)
Continuing net debt (US$ million)	106.6	133.7	(20)

Continuing excludes the results of the Analysys Mason discontinued operations. The prior years have been re-presented to show comparative results from discontinued operations in accordance with IFRS 5.
^	Combined includes the results of the Analysys Mason discontinued operations.
*	Underlying earnings per share excludes the following: impairments of goodwill and intangible assets, profit or loss on sale of investments and assets, amortisation of acquired intangible assets, unrealised foreign exchange movements, acquisition-related adjustments, fair value movements on acquisition-related financial instruments, restructuring costs relating to fundamental reorganisations, one-off tax items impacting EBITDA, costs relating to acquisitions, integration and corporate actions, and the taxation effect of all of the aforementioned.
**	Adjusted EBITDA excludes restructuring costs, share-based payments, one-off tax items impacting EBITDA and acquisition, integration and corporate actions costs.