2023/24 AGM
To ensure a smooth and efficient voting process, we encourage all members to download the voting guide in advance. This guide provides detailed instructions on how to cast your vote for the resolutions.
2022/23 Financial Year
The 2023 Integrated Report portal features the reporting suite, salient features, a financial results debriefing video, and the ability to generate your own integrated report.
The condensed consolidated interim results of Senwes Limited (“the company”) as at, and for the six months ended 31 October 2023, comprise the company, all its subsidiaries, jointly controlled entities and associates (jointly referred to as “the group”).
For the six months ended 31 October 2023, the group reported a turnover of R7 902 million, earnings after tax attributable to shareholders of the company of R525 million, and normalised earnings of 301,6 cents per share.
The group delivered a satisfying interim result for the period ended 31 October 2023. The group was able to take advantage of favourable agricultural conditions in combination with the implementation of efficiency programmes, and minimised the impact of macro-economic challenges like higher interest rates and higher inflation.
Listen to the radio interviews with Francois Strydom, Group Chief Executive, commenting on the interim results of the Senwes Group.
Watch the video in which Francois Strydom, Senwes Group Chief Executive Officer, and Carl Klingenberg, Senwes Group Chief Financial Officer, break down the financial results for the six months ended October 31, 2023.
The condensed consolidated interim results of Agribel Holdings Limited (“the company”) as at, and for the six months ended 31 October 2023, comprise the company, all its subsidiaries, jointly controlled entities and associates (jointly referred to as “the group”).
NOTICE IS HEREBY GIVEN that the board of directors of the company declared an interim dividend (no. 49) of 37 cents per share on 7 December 2023 for the period ended 31 October 2023.
The condensed consolidated interim results of Senwes Limited (“the company”) as at, and for the six months ended 31 October 2024, comprise the company, all its subsidiaries, jointly controlled entities and associates (jointly referred to as “the group”).
Despite a challenging agricultural cycle, a balanced strategy and consolidation have enabled the Senwes Group to announce satisfactory interim results today. For the six months ending 31 October, the group reported a turnover of R7.177 billion, with a profit after tax attributable to shareholders of R241 million and normalised earnings per share of 143.5 cents.
An overview of the interim financial results for the period ended on 31 October 2024. Read more about the company's four focus areas, namely: Financial services, Input supply, Market access, and Processing, conditioning and markets.
Listen to the interviews with Francois Strydom, Group Chief Executive, commenting on the interim results of the Senwes Group.
Watch the video in which Francois Strydom, Senwes Group Chief Executive Officer, and Carl Klingenberg, Senwes Group Chief Financial Officer, break down the financial results for the six months ended October 31, 2024.
The condensed consolidated interim results of Agribel Holdings Limited (“the company”) as at, and for the six months ended 31 October 2024, comprise the company, all its subsidiaries, jointly controlled entities and associates (jointly referred to as “the group”).
NOTICE IS HEREBY GIVEN that the board of directors of the company declared an interim dividend (no. 52) of 41 cents per share on 6 December 2024 for the period ended 31 October 2024.
The 2023 integrated report celebrates the fruits of success derived from Senwes’ long- term focused strategy over the past decade, and at the same time reaffirms the group’s commitment to future strategic focus and execution (commitment to “charting tomorrow”) in support of its purpose: to provide innovative and integrated solutions for clients to enable them to do their business.
The directors are responsible for the preparation, integrity and reasonableness of the presentation of the separate and consolidated financial statements (“annual financial statements”) of the company and its subsidiaries, associate and joint ventures.
The Sustainability Report for the financial year ended 30 April 2023 is available as a separate report.
The unaudited condensed consolidated financial statements for the financial year ended 30 April 2023.
With a turnover of R13 632 million (growth of 25,3%), a profit after tax attributable to shareholders of the company of R907 million (growth of 50,9%), and normalised headline earnings of 558,1 cents per share (growth of 40,2%), all stakeholders should be smiling despite the current challenges within the agricultural sector
An overview of the financial results for the year ended on 30 April 2023. Read more about the company's four focus areas, namely: Financial services, Input supply, Market access, and Processing, conditioning and markets.
Listen to this interview with Francois Strydom, Group Chief Executive, commenting on the financial results of the Senwes Group.
We are pleased to enclose the notice of annual general meeting (AGM) of Senwes Limited, as provided for in the Companies Act No. 71 of 2008, as amended (“the Act”) and the MOI, to be held on Tuesday, 22 August 2023 at 09:00 at the Senwes Head Office or by means of virtual participation.
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The Agribel Holdings Limited (“Agribel”) board is pleased to present the condensed annual report of the Agribel Group for the year ended 30 April 2023. This report should be read together with the complete annual financial statements on the Senwes website. An independent audit of the group’s annual financial statements was performed by Ernst & Young Inc.
The consolidated full financial statement for the financial year ended 30 April 2023. The directors are responsible for the preparation, integrity and reasonableness of presentation of the separate and consolidated financial statements (annual financial statements) of the company and its subsidiaries, associate and joint ventures.
We are pleased to enclose the notice of the annual general meeting of Agribel Holdings Limited (“Agribel”), to be conducted as provided for in the Companies Act No. 71 of 2008, as amended (“the Act”) and the MOI on Tuesday, 22 August 2023 at 11:00, in person at the Senwes Head Office in Klerksdorp as well as virtually.
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Notice is hereby given that the board of directors of the company declared a final dividend (no. 47) of 29 cents per share as well as a special dividend (no. 48) of 25 cents per share on 28 June 2023 for the period ended 30 April 2023.
Circular to Agribel shareholders regarding the election to receive a scrip dividend of shares as an alternative to the distribution of a cash dividend to Agribel shareholders.
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Understanding our business model, material risks, strategy and consequently the sector in which we operate, helps potential investors make informed decisions
We recognise that there are several material risks that could impact our success, including political and economic risks, credit, liquidity, and market risks, commodity price risk, market size and market share risk, weather and climate risk, theft and fraud risk, urbanisation, scarcity, and retention of skills risk, transition and customer risk, information technology - systems and cyber risk, unique competitor risk, environmental and health and safety risk, diversification and agricultural industry risk, and regulation and compliance risk.
These risks can impact our financial performance, operations and reputation. We are committed to proactively managing these risks and taking appropriate measures to mitigate the impact thereof on our business.
As an agribusiness, Senwes operates across multiple segments of the agricultural value chain, focusing on serving agri-producers and food processors with a comprehensive suite of services to support their operations. The company's vertically integrated business model and geographically distributed footprint allows us to capture value through diversified revenue streams, reducing our dependence on any single market or product.
At its core, Senwes is positioned between the farm gate and the mill door where we focus on (1) enabling producers through the provision of financial and other support services, input products, and the procurement, storage and sale of grains and oilseeds, to maximise their yields and profitability; and (2) providing food processors with solutions related to their procurement needs.
Senwes' strategic philosophy is centred around a focused and selective approach to strategy, avoiding extensive diversification and instead diversifying through commodity, geography, client base and brands. The company believes that saying "no" to opportunities that do not align with its strategic goals is just as important as saying "yes" to those that do.
Our strategic goal is to become an integrated agri-business and a significant player in the food value chain by pursuing growth and diversification through consolidation and integration within the agricultural and food value chain. We aim to create sustainable value for all our stakeholders and become a preferred investment partner, employer, supplier and distribution channel, as well as a good corporate citizen
Invest with confidence and stay connected to Senwes' financial status with real-time data insights on the Senwes app - discover its benefits.
Business Overview | An overview of the Senwes Group with a breakdown of the different companies.
Investor Dashboard | You can view, buy or sell your Agribel and Senwes shares straight from the investor dashboard.
Shareholder Information | Visit the Senwes or Agribel shares portal with two easy clicks. Here, you can see the share trading information.
News | Enjoy the convenience of all your company and agri-industry news in one place.
For more info, features and our how-to-guide visit the dedicated Senwes App page