Karooooo reports 18% ARR growth, raises dividend 20%

Investing_ng | 14-05-2026 09:37am |

Karooooo has announced an 18% increase in its Annual Recurring Revenue (ARR) for the reporting period, reflecting the company's strong performance in its sector. In conjunction with this growth, the company has also decided to raise its dividend by 20%, signaling its commitment to returning value to shareholders. These developments indicate a positive trajectory for Karooooo as it continues to expand its operations and enhance shareholder returns.

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