Artwork

Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Zeda Limited declares dividend for the first time since its JSE listing, showcasing strong growth in the face of stagnan

9:20
 
Share
 

Manage episode 422271915 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
GUEST: Ramasela Ganda - Zeda Limited Group Chief Executive Officer
Zeda Limited, Africa's leading integrated mobility solutions provider and operator of the globally recognised Avis and Budget brands, has today released its interim results, declaring a cash dividend for its shareholders for the first time since its JSE listing. The interim results showcase strong topline growth and cash generation.
More than a year since it was listed independently, the Zeda board declared a gross interim dividend of 50 cents per share, following an amendment to its dividend policy. The Group achieved a double-digit topline growth (19%), reaching a new record level revenue of R5 270 million. Meanwhile, an EBITDA growth (Earnings Before Interest, Taxes, Depreciation and Amortisation) of 7.5% was accrued in the face of a stagnant economy, softening used car market, and rising interest rates and fuel costs. Kaya FM
  continue reading

174 episodes

Artwork
iconShare
 
Manage episode 422271915 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
GUEST: Ramasela Ganda - Zeda Limited Group Chief Executive Officer
Zeda Limited, Africa's leading integrated mobility solutions provider and operator of the globally recognised Avis and Budget brands, has today released its interim results, declaring a cash dividend for its shareholders for the first time since its JSE listing. The interim results showcase strong topline growth and cash generation.
More than a year since it was listed independently, the Zeda board declared a gross interim dividend of 50 cents per share, following an amendment to its dividend policy. The Group achieved a double-digit topline growth (19%), reaching a new record level revenue of R5 270 million. Meanwhile, an EBITDA growth (Earnings Before Interest, Taxes, Depreciation and Amortisation) of 7.5% was accrued in the face of a stagnant economy, softening used car market, and rising interest rates and fuel costs. Kaya FM
  continue reading

174 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide