Multichoice Group Ltd - Summary consolidated financial results & cash dividend declaration for the year ended 31/03/22

Johannesburg, 9 June 2022: MultiChoice Group (MCG, or the group), Africa’s leading entertainment company, delivered steady margins for the year ended 31 March 2022 (FY22). “Reduced losses in the Rest of Africa (RoA), a rebound in advertising revenues and a continued focus on cost containment enabled us to absorb the R1.1bn impact of a normalisation in content costs as live sport returned and we resumed our local content production post the COVID-19 lockdowns,” says Calvo Mawela, Chief Executive Officer. <a href="https://kaya959.co.za">Kaya 959</a>