Peregrine Holdings Limited announced that Jonathan Hertz, the previous Group CEO stepped down on 31 July 2017 and, with effect from 1 August 2017, Robert Katz was appointed as the interim CEO following the dispensation obtained from the JSE in respect of this interim CEO appointment. With effect from 15 November 2017, Robert Katz has been appointed as the permanent CEO and the board has commenced the process to appoint a CFO. Until such appointment is made, Robert Katz will act as both CEO and CFO.

The company reported unaudited consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported operating revenue of ZAR 1,156.612 million against ZAR 1,150.898 million a year ago. Total revenue was ZAR 1,220.487 million against ZAR 1,301.508 million a year ago. Profit from operations was ZAR 368.276 million against ZAR 392.226 million a year ago. Profit before taxation and capital items was ZAR 457.886 million against ZAR 460.962 million a year ago. Profit before taxation was ZAR 457.886 million against ZAR 482.028 million a year ago. Profit for the period attributable to equity holders of the company was ZAR 261.187 million or 122.0 cents per basic share against ZAR 267.631 million or 125.3 cents per basic share a year ago. Headline earnings were ZAR 257.046 million or 122.0 cents per share against ZAR 242.387 million or 118.5 cents per share a year ago. Cash flow from operating activities was ZAR 282.973 million against ZAR 774.308 million a year ago.