HEADLINE EARNINGS NEWS ON FASTMOVING

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

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

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

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

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

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

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

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

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

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

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 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

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 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

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

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

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