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HEADLINE EARNINGS NEWS ON FASTMOVING

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RCL Foods slumps 10% as sugar tax does big damage

RCL Foods slumps 10% as sugar tax does big damage

15/08/2019 - 14:02
RCL Foods, which owns Rainbow Chicken and Selati Sugar, fell as much as 10.5% after warning it had written down its sugar unit by R761.9m as a result of a bigger than expected impact from the imposition of the government's sugar tax. read more
Woolies, Anglo, Sappi stock in demand

Woolies, Anglo, Sappi stock in demand

15/07/2019 - 16:26
Woolworths Holdings' (Woolies') share price gained a solid 12.8 percent last week after it announced a turnaround at its fashion, beauty and home business this year. The group, one of many local retailers to struggle in Australia and which also trades in 11 countries in sub-Saharan Africa, still relies on its home market for 71 percent of operating profit.  read more
Mr Price rethinks international strategy after leaving Australia

Mr Price rethinks international strategy after leaving Australia

03/06/2019 - 13:52
Mr Price Group’s new CEO wants the retailer to take a new approach to offshore growth after the group pulled the plug on its fledgling Australian business and as it considers doing the same in Poland. read more
Pioneer Foods’ shares plunge to six-year low on earnings decline

Pioneer Foods’ shares plunge to six-year low on earnings decline

20/05/2019 - 16:24
Shares in Pioneer Foods, which makes Sasko bread and Ceres juice, plunged to a six-year low after the group said it was struggling to pass on higher costs to consumers. read more
Dischem's employee strike costs it more than 75m

Dischem's employee strike costs it more than 75m

16/05/2019 - 08:31
Dis-Chem Pharmacies says a strike by employees that lasted nearly five months shaved up to R76.4m off its profits in the year to end-February. read more
Tiger Brands maintains dividend despite falling sales and profit

Tiger Brands maintains dividend despite falling sales and profit

22/11/2018 - 11:00
SA’s listeria scandal halved the sales of Tiger Brand’s meat products division and pushed it into a loss, contributing to the group’s overall sales and profit decline. read more
Tiger Brands falls after revised profit warning

Tiger Brands falls after revised profit warning

09/11/2018 - 14:25
JSE-listed food producer Tiger Brands — owner of Enterprise, Mrs Balls and Oros — revised the upper limit of its decline in headline earnings for the year to end-September, but its share price gave up ground anyway. read more
Financial services unit and bigger retail business lift HomeChoice

Financial services unit and bigger retail business lift HomeChoice

27/08/2018 - 14:56
The specialist retailer and financial services company says innovation in its homeware textiles category and new retail brands helped it attract more customers. read more
Woolworths posts R3.5bn loss on R7bn David Jones impairment

Woolworths posts R3.5bn loss on R7bn David Jones impairment

23/08/2018 - 08:55
The R6.9bn impairment of Australian department store chain David Jones knocked Woolworths into a loss of R3.5bn for its 2018 financial year, from a profit of R5.4bn in the prior year, it reported. read more
Resilient Shoprite shields consumers and prepares for future growth

Resilient Shoprite shields consumers and prepares for future growth

21/08/2018 - 09:35
In testing trading conditions, the Shoprite Group has continued to show strength and resilience and has built on its solid foundation for future growth. read more
Clover’s drive towards more than just milk

Clover’s drive towards more than just milk

07/03/2018 - 11:42
Clover industries’ operating margins took a positive turn with the group taking a shot at adding more products into its market, which is proving to be welcomed by South African consumers. read more
Stronger rand takes a swig of Distell’s profit

Stronger rand takes a swig of Distell’s profit

31/08/2017 - 11:28
Wine and spirits group Distell posted a 15% fall in after-tax profit on revenue up 3.7% in the year to end-June, hit by the stronger rand and impairments. read more
NBL headline earnings expected to rise

NBL headline earnings expected to rise

24/03/2014 - 09:45
Namibia Breweries Limited (NBL) said yesterday that it anticipates earnings per share and headline earnings per share for the period ended 31 December 2013 to be higher by between 37% and 41% and between 17% and 20%, respectively from those of the comparative period the previous year.  read more
Verimark slides on lower profit

Verimark slides on lower profit

28/05/2013 - 10:00
Johannesburg - Shares of Verimark Holdings drop 4.5 percent to 126.40 rand after the South African retailer of “as seen on TV” products says full-year profit dropped by more than two-thirds, as a weaker rand weighed on sales and margins. read more
AVI lifts headline earnings 8%

AVI lifts headline earnings 8%

12/03/2013 - 08:05
Johannesburg - Consumer goods group AVI [JSE:AVI] has reported an 8% rise in headline earnings per share to 210c in the six months ended December 2012‚ from 194.2c a year ago.  read more
Growth in ports sends Grindrod shares up

Growth in ports sends Grindrod shares up

11/03/2013 - 08:19
Grindrod shares rose to their highest level in more than four years yesterday as investors bet on earnings growth driven by diversification into ports and terminals. read more
Grindrod earnings rise 22%

Grindrod earnings rise 22%

28/02/2013 - 09:50
Johannesburg - Shares of Grindrod [JSE:GND] rose more than 2% after the shipping firm posted a 22% rise in full-year earnings, beating market expectations. read more
Mondi posts slight drop in full-year earnings

Mondi posts slight drop in full-year earnings

21/02/2013 - 11:08
Johannesburg - South African Paper maker Mondi [JSE:MND] said on Thursday it expects to reap the benefit of recent acquisitions after reporting a slight drop in full-year earnings on lower prices. read more
Aspen: Earning to  rise between 18%-24%

Aspen: Earning to rise between 18%-24%

31/08/2012 - 08:09
Johannesburg - Aspen Pharmacare Holdings [JSE:APN] said on Thursday that it expected its diluted normalised headline earnings per share from continuing operations to rise between 18% and 24% in the year ended June‚ from the previous comparable period. read more
Shoprite banks R4.7bn profit

Shoprite banks R4.7bn profit

22/08/2012 - 09:21
Cape Town - Shoprite Holdings [JSE:SHP] on Tuesday posted a 17% increase in trading profit to R4.665bn in the year to June 2012, with turnover increasing 14.4% to R82.731bn. read more
Super Group surges 5% on trade update

Super Group surges 5% on trade update

26/07/2012 - 09:11
Johannesburg – Super Group [JSE:SPG] advised on Wednesday that for the year ended June 30 it expects to report earnings and headline earnings per share (HEPS) of between 165 cents and 180c‚ compared with HEPS of 108.3ce for year ended June 2011. read more
Cipla reaches settlement with RBSA

Cipla reaches settlement with RBSA

25/06/2012 - 08:12
Pharmaceutical manufacturer Cipla Medpro South Africa Limited (CMP) disclosed on Friday that it has reached a settlement with Reckitt Benckiser (SA) (Proprietary) Limited (RBSA) in relation to a R332 million claim by the former. read more
AVI forecasts higher profits

AVI forecasts higher profits

22/06/2012 - 07:51
Consumer goods group AVI advised on Thursday that consolidated headline earnings per share for the group’s continuing operations for the year ending 30 June 2012 are expected to increase by between 24% and 31% over the prior year. read more
Tiger Brands ups first-half earnings

Tiger Brands ups first-half earnings

22/05/2012 - 08:31
Johannesburg - South African consumer goods firm Tiger Brands [JSE:TBS] posted a modest rise in first-half earnings on Tuesday, helped by growth in its exports and international businesses as the domestic market remains subdued. read more
Astral Foods expectant of decline in earnings, 16-19%

Astral Foods expectant of decline in earnings, 16-19%

04/05/2012 - 09:17
Astral Foods advised on Friday that a reasonable degree of certainty exists that its earnings and headline earnings per share for the six months ended March 2012 would both reflect a decrease of between 16% and 19% compared to the previous comparable period. read more
Cashbuild to open new stores as revenue rises

Cashbuild to open new stores as revenue rises

22/03/2012 - 10:37
There would be no changes to building materials retailer Cashbuild ’s approach to growth, new CEO Werner de Jager said on Tuesday, and the company hoped to open nine stores this year. read more
Woolworths first half diluted earnings up 35.9%

Woolworths first half diluted earnings up 35.9%

16/02/2012 - 10:14
Woolworths Holdings on Thursday reported a 35.9% rise in diluted headline earning per share to 131.3 cents for the 26 weeks ended December 2011 from 96.6 cents previously. read more
Tiger Brands lifts earnings

Tiger Brands lifts earnings

23/11/2011 - 08:27
Johannesburg - South African consumer goods firm Tiger Brands [JSE:TBS] posted a 13% increase in full-year earnings on Wednesday, helped by higher sales but said it anticipates a tough trading environment ahead. read more
Shares: Spar may be dull, but it's a stable staple investment

Shares: Spar may be dull, but it's a stable staple investment

14/11/2011 - 08:55
The results of the Spar Group for the year ended September 30 2011 were not exciting. Year-on-year, diluted headline earnings per share were just 3.3% higher at 522.8c from 506.3c. With the declaration of a final dividend of 235c, total dividends for the year were 377c, 4.1% higher than in the 2010 financial year. read more
Spar Group reported a 3.3% rise in diluted headline earnings per share

Spar Group reported a 3.3% rise in diluted headline earnings per share

09/11/2011 - 16:00
South African grocery chain Spar Group on Wednesday reported a 3.3% rise in diluted headline earnings per share to 522.8 cents for the year ended September 2011 from 506.3 cents a year ago read more