for the year ended 29 February 2020
The report covers the year from 1 March 2019 to 29 February 2020. It addresses the performance of Famous Brands Limited (Famous Brands or the Company) and its subsidiaries (together referred to as the Group), as well as its associates in all territories where the Company operates, being South Africa (SA), the rest of Africa, the Middle East (AME) and the United Kingdom (UK).About our Integrated Annual Report
Famous Brands is Africa’s leading branded food services franchisor.
The Group’s origins date back to the early 1960s, with the founding of a humble family business comprising one brand, Steers, and a limited supply chain. Today our enterprise consists of an extensive, vertically integrated business model, with trading operations on three continents.
In 1994 the holding company listed on the JSE Limited in the Travel and Leisure sector.About Famous Brands
The impact of the COVID-19 global pandemic will overshadow everything that has come before it.
Chief executive officer’s Report
We have made a significant step-change in our traditional high-performance culture. Across our operations we are inculcating a better understanding of how to create value in every component of the business.
|*||Includes IFRS 16 impact|