Advertise with

Clover expects first half earnings to rise 30% over previous period
Clover expects first half earnings to rise 30% over previous period

Clover expects first half earnings to rise 30% over previous period

FMCG SUPPLIER NEWS - Jan 5th 2015, 11:55

Dairy producer Clover said on Tuesday it expects first-half headline earnings per share to rise by 30% over the previous comparable period. 

The company also said earnings per share were set to rise 25% in the same six-month period ending on December 31 2014.

The company said it was likely that it would issue another trading statement before the release of its interim results on or about March 16 2015.

From DFM Publishers (Pty) Ltd 

Read more about: south africa | milk | clover

Related News

Clover, Milco merger puts 657 jobs on the line
17/09/2019 - 10:05
A total of 657 existing jobs will be on the line at Clover Industries in the next two years if the R4.8 billion merger between the JSE-listed dairy company and Israel-based Milco is approved by the Competition Tribunal.

Clover's R4.7bn deal gets Competition Commission nod
22/07/2019 - 10:12
The Competition Commission has approved, with conditions, the R4.8bn sale of branded foods and beverages group Clover Industries to a consortium led by Tel Aviv-based Central Bottling Company, Clover said on Friday.

Clover set to return to profit in year to June
13/05/2019 - 10:15
Clover, which makes dairy-based foods and beverages, says it will return to profit in the year ending June 2019 after making its first annual loss in more than a decade in the prior year.

SA dairy exports doing well
16/04/2019 - 15:42
Dairy imports for February were 4 110 tons at a cost of R172 million. South Africa imported mainly from France (28%) New Zealand (28%), Germany (13%), Poland (8%) and Ireland (4%). Dairy imports for this year are low compared to last year, largely due to limited UHT imports. The main dairy products imported in February were whey (34%), milk powder (22%) and cheese (18%). UHT as a percentage of total imports was less than 1%.

Brimstone confirms exit from Clover deal
12/04/2019 - 10:01
Brimstone Investments confirmed that it will not be participating in a consortium seeking to acquire SA’s biggest dairy producer Clover, but had agreed on a plan to facilitate its exit.