Distell forecasts higher profit
IOL Business - Jan 24th 2012, 08:02
Liquor group Distell (DST) advised on Monday that earnings per share and headline earnings per share for the six months ended 31 December 2011 are likely to be between 20% and 25% higher than the corresponding reporting period of the previous year.
It said this is largely attributable to an improvement in operating profit, mainly as a result of increased sales volumes and the favourable impact of a weaker Rand against all major currencies.
Distell is currently finalising its results for the six months ended 31 December 2011, which should be released on or about 15 February 2012. - I-Net Bridge
Growth in SA and Africa buoy Distell in tough times
27/02/2013 - 08:08
Continued growth in sub-Saharan Africa, including South Africa, and the benefits derived from a weak rand resulted in the Distell Group raising revenue year-on-year by 9,3% to R8,7 billion for the six months to December 2012.
New CEO for Pick n Pay
03/10/2012 - 10:18
Johannesburg - Pick n Pay Stores [JSE:PIK] announced on Wednesday that after an extensive international search, it has appointed Richard Brasher, the former Tesco board member, as Pick n CEO effective from February 2013.
One of SA’s most popular national retail centre
28/09/2012 - 14:57
Norwood Mall’s new tenant mix, including anchor tenants Pick n Pay, Woolworths, Dis-Chem and, latest addition, Food Lover’s Market, has created one of the most commanding retail attractions for a centre of its size.
Heineken gulps Tiger after takeover nod
28/09/2012 - 11:56
Singapore - Shareholders in the parent company of the Singapore-based brewer that makes Tiger Beer approved its takeover by Heineken Friday, increasing the Dutch giant's footprint in the growing Asian market.
Sales of 'smart devices' soar globally
27/09/2012 - 09:20
Washington - Global sales of so-called smart connected devices - computers, smartphones and tablets - rose sharply in the past quarter, driven by smartphones and tablets, a survey showed Wednesday.