Africazine:
Famous Brands has reported impressive financial results for its 2026 fiscal year, showcasing significant earnings for its executives. The company’s performance reflects strong revenue growth and strategic investments.
Famous Brands’ Chief Executive Officer Darren Hele earned R13.963 million for the year, translating to R1.164 million a month. His remuneration increased by only 1.48% from the previous year. Meanwhile, group financial director Nelisiwe Shiluvana received R6.960 million, an 18.67% increase from 2025.
Famous Brands Reports Strong Revenue Growth
The company achieved a 5.6% increase in revenue, reaching R8.74 billion, and a 4.5% rise in operating profit to R955.08 million. Its profit for the year was R653.53 million, marking an 11.8% increase from the previous year. Basic earnings per share grew by 9.69% to 600 cents, while headline earnings per share increased by 12.12% to 583 cents.
The Supply Chain division was a key driver of this performance, with revenue growing to R6.18 billion, up 7.21%. The restaurant business also saw growth, with the Leading Brands portfolio increasing revenue by 5.95% to R1.03 billion.
Famous Brands’ Strategic Focus for Future Growth
Looking ahead, Famous Brands plans to invest in delivery channels, smaller-format restaurants, and drive-thrus to cater to rising demand for convenience. The company is optimistic about its prospects in Malaysia, following the opening of a combo Steers and Debonairs Pizza restaurant in December 2025.
Additionally, Famous Brands aims to expand its presence in the Southern African Development Community, the Rest of Africa, and the Middle East. The company has also restructured its management team to reduce costs and improve efficiency.
Next Steps for Famous Brands
- Invest in delivery channels and smaller-format restaurants.
- Expand presence in selected priority markets in Africa and the Middle East.
- Continue capital allocation priorities including share buybacks and debt reduction.
Famous Brands is positioning itself for sustained growth and expansion in the competitive food service market.
