Full Year 2025 Foschini Group Ltd Earnings Call Transcript
Good morning, and welcome to our TFG 2025 year-end Results Presentation. We will aim to work through our formal agenda in just over an hour today. We'll then take a short comfort break and conclude with the Q&A session. I'll be beginning with an overview of our group results, together with a summary of our execution and delivery of our group strategy over the past year. It has been a busy year at TFG, but I think 2025 can be summarized in four points.
The significant investments that we have been making into building our TFG Africa retail platform have landed successfully, and they are starting to deliver. After a slow start to the year against the backdrop of a very disrupted local and global economy and consumer as well as a distorted H1 prior year base, we saw a significant acceleration in H2, especially in our core TFG Africa business.
The combination of these two factors allowed us to deliver record group as well as a number of record segmental results, both at a turnover and profit level.
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