Clover expects first half earnings to rise 30% over previous period
bdlive.co.za - 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
Clover, Milco merger puts 657 jobs on the line
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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.
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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.
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