KayDav Group Limited reported audited consolidated results for the year ended 31 December 2014. For the year, the company reported revenue of ZAR 761,739,077 against ZAR 666,218,405 a year ago. Operating profit was ZAR 43,426,412 against ZAR 36,541,088 a year ago.

The increase in gross profit resulted in strong profit and earnings growth with headline earnings per share of 16.3 cents against 13.7 cents in 2013 and earnings per share of 16.1 cents against 13.7 cents in 2013 growing by 19% and 18% respectively. Operating profit was negatively impacted by the loss in the manufacturing segment of ZAR 7.1 million which includes the cost of relocation of ZAR 2.0 million. Profit before taxation was ZAR 38,934,617 against ZAR 33,150,046 a year ago.

Profit for the year was ZAR 27,815,976 against ZAR 23,710,844 a year ago. Total comprehensive income attributable to equity holders of the parent was ZAR 27,815,976 against ZAR 23,710,844 a year ago. Headline earnings were ZAR 28,186,257 against ZAR 23,730,326 a year ago.

Basic and diluted earnings per share were 16.1 cents against 13.7 cents a year ago. Headline earnings per share were 16.3 cents against 13.7 cents a year ago. Net cash flows from operating activities were ZAR 47,084,040 against ZAR 2,410,780 a year ago.

Net asset value per share, as at December 31, 2014 was 90.1 cents against 81.5 cents, as at December 31, 2013. Net tangible asset value per share, as at December 31, 2014 was 74.8 cents against 73.2 cents, as at December 31, 2013.