Simbisa Brands Limited has delivered a strong performance for the financial year ended June 30, 2026, with revenue increasing by 20% to US$367.2 million. This growth was driven by an 11% increase in customer volumes and an 8% rise in average spend. The group’s operating profit rose by 28% to US$58 million, while profit before tax increased by 36% to US$31.9 million.
Simbisa Summerfield Building Branch in Harare
The strong performance was underpinned by the group’s focus on delivering greater customer value, investing in menu innovation, delivery, digital ordering, and customer experience. Zimbabwe, which contributed 72% of group revenue, delivered a 23% increase in revenue, while the Region saw a 13% increase.
The group continued to invest in its long-term growth, adding 29 new stores to take the total to 759, while 25 outlets were refurbished. Simbisa also made progress on its sustainability agenda, increasing the use of biodegradable packaging, investing in solar energy solutions, and expanding its electric vehicle delivery fleet. Community investment focused on education, youth development, and community welfare initiatives.
A final dividend of 0.622 US cents per share has been declared by the Board, payable on or around 6 November 2026 to shareholders on record as at the close of business on 16 October 2026.
The company says it enters FY2027 with positive customer momentum and a stronger operating base, although consumer spending is expected to remain constrained. The company has committed to continue to navigate elevated taxation, employee costs, input inflation, and climate-related risks.
