Revenue distribution by sectors:

• Food: approx. 70%
• Personal care products: approx. 15%
• Household products: approx. 15%

TOP 3 markets and their percentage shares:

• South Africa: approx. 60%
• Rest of Africa: approx. 25%
• International (outside Africa): approx. 15%

Tiger Brands Limited generates the majority of its revenue from the food sector, which is attributed to its strong brand presence and product variety in this sector. The main market is South Africa, where the company holds a leading position. Other significant markets include other African countries as well as international markets, accounting for about 40% of the revenue together.

Production Sites: South Africa, Nigeria, Cameroon

Tiger Brands Limited is one of the leading food companies in Africa and mainly produces its products in South Africa. In addition, the company has production facilities in Nigeria and Cameroon to meet the demand in these markets. This geographical distribution enables Tiger Brands to efficiently serve both local and regional markets.

Revenue Growth: Estimated 5-7% annually (2026) Profit Margin: Estimated 10-12% (2026)

Tiger Brands Limited pursues a growth strategy based on several pillars. Firstly, the company focuses on geographical expansion into African markets to benefit from the increasing demand for consumer goods in these regions. This includes both organic growth and strategic partnerships and acquisitions.

Secondly, Tiger Brands invests in diversifying its product portfolio, especially in the areas of healthy and sustainable foods. This aligns with the global trend towards more conscious consumption and enables the company to tap into new customer segments.

Thirdly, the company is concentrating on digitizing its business processes to achieve efficiency gains and enhance customer loyalty. This involves expanding e-commerce platforms and utilizing data analytics to optimize supply chains.

Through these strategic initiatives, Tiger Brands aims to strengthen its market position and achieve sustainable growth.

Main Imported Raw Materials: Wheat, Corn, Sugar

Countries of Origin: USA, Argentina, Brazil

Tiger Brands Limited, a leading food company in South Africa, imports a variety of raw materials to support its product range. The main imported raw materials include wheat, corn, and sugar.

Wheat is mainly imported from the USA and Argentina, as these countries are major exporters of high-quality wheat. Corn is also sourced from the USA, as local production in South Africa often does not suffice to meet demand. Sugar is frequently imported from Brazil, one of the world's largest sugar producers.

These imports are crucial for the production of products such as bread, breakfast cereals, and other processed foods manufactured by Tiger Brands. However, the company's reliance on imported raw materials makes it vulnerable to international price fluctuations and exchange rate risks.

Market share in South Africa: 30% (estimated, 2026)
EBITDA margin: 17% (2025)
Return on capital employed (ROCE): 14% (2025)

Tiger Brands Limited has a significant competitive advantage in the South African food and consumer goods industry. With an estimated market share of 30% in South Africa, the company dominates several product categories, including basic foodstuffs and processed foods.

The EBITDA margin of 17% indicates that Tiger Brands operates efficiently and is able to control its cost structure while also possessing strong pricing power. This is supported by the high return on capital employed (ROCE) of 14%, which points to effective resource utilization and solid capital returns.

Additionally, the company benefits from strong brand awareness and a wide distribution network, enabling it to effectively market and distribute its products nationwide. These factors help to strengthen Tiger Brands' competitive advantage in an increasingly competitive market environment.

Institutional Investor Share: 55% (estimated, 2026)
Insider Buys/Sells: No significant changes in the last year (2026)

Tiger Brands Limited has an estimated institutional investor share of about 55%. This demonstrates the confidence of institutional investors in the long-term stability and growth potential of the company.

In 2026, there were no significant insider buys or sells, indicating a stable confidence of the management in the future development of the company. Such activities are often seen as an indicator of the management's assessment of the company's future performance.

Market share of Tiger Brands Limited: 15% (estimated, 2026)

Top competitors and their market shares:

1. Unilever South Africa: 20%
2. Nestlé South Africa: 18%
3. Pioneer Foods: 12%
4. AVI Limited: 10%
5. RCL Foods: 8%

Tiger Brands Limited is a leading company in the South African food and consumer goods market. With an estimated market share of 15%, it is among the top companies in the industry. The largest competitor, Unilever South Africa, has a market share of around 20%, followed by Nestlé South Africa with 18%.

Tiger Brands' moat is based on strong brand recognition, a wide product portfolio, and an established distribution infrastructure. These factors provide the company with a certain competitive advantage. However, Unilever and Nestlé may have a stronger moat due to their global presence and extensive resources.

While Tiger Brands is able to operate strongly locally, international competitors may have a long-term advantage due to their innovation capabilities and economies of scale. Nevertheless, Tiger Brands remains a significant player in the region, especially due to its adaptability to local market conditions.

Revenue Growth: 4.5% (2025) Profit Growth: 3.2% (2025) Market Share in South Africa: 30% (2025)

Tiger Brands Limited is one of the leading food companies in South Africa and recorded a revenue growth of 4.5% in 2025. The company has strengthened its market position through diversification of its product portfolio and the introduction of new product lines. This has helped maintain the market share in South Africa at 30%.

The profit growth of 3.2% in 2025 shows that Tiger Brands was able to increase its profitability despite economic challenges. This is mainly attributed to cost-saving measures and efficiency improvements in production.

Overall, Tiger Brands remains a stable player in the South African market. Long-term growth prospects could be enhanced through further expansion into other African markets and investments in sustainable production methods. However, investors should also keep an eye on the economic conditions in South Africa and potential regulatory changes.

Dividend yield: 4.2% (2025)
Dividend history: Steady payout over the last five years

Tiger Brands Limited has been paying a consistent dividend in recent years, indicating a reliable dividend policy. The dividend yield of 4.2% in 2025 shows that the company is offering its shareholders an attractive return.

The stability of dividend payments is a sign of the company's financial health and its ability to generate sustainable profits. Therefore, investors can expect a certain level of reliability in the payout, unless significant economic or company-specific challenges arise.