Building materials retailer Cashbuild has reported a successful year, thanks to its ongoing store expansion. During the financial year ending in June 2025, the company opened eight new stores — seven under the Cashbuild brand and one P&L Hardware.
The company’s revenue increased slightly, by 3%, reaching R11.5 billion. This figure is slightly lower than the previous year’s due to a 53-week reporting period, but compared to the usual 52 weeks, the growth is about 5%. The company’s profits also rose, with headline earnings up by 8% to R216.2 million, and earnings per share increased by 10%.
Cashbuild declared a final dividend of 300 cents per share, making the total dividend for the year 626 cents — higher than last year’s 561 cents. The company is valued at R3.5 billion on the Johannesburg Stock Exchange (JSE). It supplies building materials mainly to cash-paying customers through over 300 stores.
During the year, the company also closed 12 stores, mainly underperforming P&L Hardware outlets, and refurbished 26 Cashbuild stores. One P&L Hardware store was relocated. Cashbuild plans to continue expanding, relocating, and refurbishing stores carefully, based on detailed feasibility assessments. The rollout of its smaller store format, Cashbuild Small Model Stores, remains on schedule.
In the seven weeks following the financial year, revenue was already 6% higher than the previous year, though management predicts that trading conditions will stay tough.
In April, Cashbuild announced it would acquire a 60% stake in Allbuildco Holdings for R93 million. This move is part of its strategy to reach more customers across all income levels in South Africa. The company intends to use its experience and scale to grow Allbuildco, targeting markets it has not previously served.
Overall, Cashbuild’s year was marked by steady growth, strategic expansion, and ambitious plans for the future, despite the challenging economic environment.