Tiger Brands Limited announced audited consolidated earnings results for the year ended September 30, 2019. For the year, the company’s revenue increased by 3% to ZAR 29.2 billion (Excluding VAMP+, revenue increased by 5% to ZAR 28.6 billion). Group operating income declined by 20% to ZAR 2.6 billion (Excluding VAMP+, Group operating income declined by 11% to ZAR 3.2 billion).