Excluding Leisure, Group revenue increased by 17% to Rs.36.15 billion in Q4; up 1% to Rs.122.32 billion in 2020/21. Excluding Leisure, Group recurring EBITDA increased by 43% to Rs.7.10 billion in Q4; up 8% to Rs.19.16 billion in 2020/21. The pace of recovery in Q4 is demonstrated by the recurring EBITDA of Rs.7.21 billion in the quarter against the full year recurring EBITDA of Rs.15.57 billion. The Supermarket business witnessed a sharp quarter-on-quarter recovery momentum in sales, with the fourth quarter same store sales recovering to pre Covid-19 levels. The Consumer Foods industry group recorded a strong recovery during the year, particularly the performance of the Frozen Confectionery business.

Source: The Nation May 24, 2021 23:00 UTC