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Clicks riding high on growth profits

Clicks riding high on growth profits

09/10/2019 - 09:32
Pharmaceutical health and beauty retailer Clicks rose to its highest level on the JSE after the group revised up its earlier guidance to investors, saying that it now expected double-digit growth in profits for the year to end August.  read more
Woolworths CEO receives R190m since disastrous deal Down Under

Woolworths CEO receives R190m since disastrous deal Down Under

01/10/2019 - 09:22
Despite spearheading an ill-fated foray into Australia, Woolworths CEO Ian Moir pocketed R23m in the past year. This brings his total earnings over the past five years to R191m.  read more
Brian Joffe’s Long4Life warns of lower half-year earnings

Brian Joffe’s Long4Life warns of lower half-year earnings

20/08/2019 - 12:59
Brian Joffe’s Long4Life says half-year earnings will probably fall partly because of lower trading profits from Chill Beverages, which makes the Fitch & Leedes drinks brand. read more
Truworths profit at nine-year low as profit plunges over 70%

Truworths profit at nine-year low as profit plunges over 70%

16/08/2019 - 11:52
Shares in Truworths slumped to a nine-year low on Friday morning after the fashion retailer reported a 74% slide in profits amid difficult trading environments in SA and the UK. read more
Dis-Chem profit margins down, so is executive pay

Dis-Chem profit margins down, so is executive pay

01/07/2019 - 10:22
Dis-Chem Pharmacies has paid its chief executive Ivan Saltzman a total remuneration package of R12.84million for the year to end-February, declining by 21.87 percent compared with R16.43m in 2018, with the group stating profit targets were not met during the year. read more
Clicks says private-label products boosted interim earnings

Clicks says private-label products boosted interim earnings

17/04/2019 - 09:59
Clicks Group says it grew headline earnings by 12.9% to R763.3m in the six months to February thanks in part to better sales of its private-label products and higher profits from its distribution business. read more
Heineken shares fall most in three years, as Brazil eats into margins

Heineken shares fall most in three years, as Brazil eats into margins

31/07/2018 - 15:14
Heineken’s attempt to challenge Anheuser-Busch InBev in Brazil is squeezing the Dutch brewer’s profit margin. read more
Tills chime for Pick n Pay’s Zim stores as retail, hoteling income grow

Tills chime for Pick n Pay’s Zim stores as retail, hoteling income grow

16/07/2018 - 10:47
Pick n Pay is raking in the profits from Zimbabwe and its partner in the struggling country is now looking to open more stores buoyed by stronger performance from its other operations across city and resort hotels as well as agro-processing. read more
Pioneer Foods puts drought behind it

Pioneer Foods puts drought behind it

21/05/2018 - 09:42
Pioneer Foods enjoyed an improved performance in the six months to March, helped in part by a low base created in the year-earlier period when it was still dealing with the effects of the drought.  read more
Target's holiday-quarter profit forecast disappoints, shares dip

Target's holiday-quarter profit forecast disappoints, shares dip

15/11/2017 - 15:31
Target Corp (TGT.N) issued a disappointing profit forecast for the key holiday quarter as it continues to depend on price cuts to drive traffic to its stores and online, sending its shares down 4 percent in premarket trading.  read more
Mining sector’s surprise performance points to strong industry

Mining sector’s surprise performance points to strong industry

18/10/2017 - 08:53
A surprisingly strong performance by the mining industry in August augurs well for the third quarter’s GDP performance. read more
H&M profits drop & sales slow down

H&M profits drop & sales slow down

29/09/2017 - 13:41
H&M has recorded a 20 percent fall in its third quarter profit despite a rise in sales, as summer discounts hurt margins. read more
Biggest cocoa growers seek larger slice of chocolate profits

Biggest cocoa growers seek larger slice of chocolate profits

21/09/2017 - 16:00
The world’s biggest cocoa-growing nations in West Africa are targeting a larger slice of chocolate-making profits as most of the benefits of producing beans accrue outside their economies, Ghanaian President Nana Akufo-Addo said read more
Amazon’s profits drop 51% as expansion hits margins

Amazon’s profits drop 51% as expansion hits margins

31/07/2017 - 12:17
Amazon has revealed rising sales in its second quarter, but profits dropped significantly amid its whirlwind expansion efforts. read more
Mining output figure much higher in May than economists’ predictions

Mining output figure much higher in May than economists’ predictions

19/07/2017 - 09:07
The mining sector may help SA navigate out of recession, following possible positive growth in the sector in the second quarter, but the industry remains under increasing pressure. read more
Remy Cointreau in upbeat spirits as annual profits rise

Remy Cointreau in upbeat spirits as annual profits rise

08/06/2017 - 12:48
Remy Cointreau reported higher-than-expected annual profits, thanks to improving demand for its premium cognacs in China, and predicted further profit growth this year. read more
Truworths ups sales

Truworths ups sales

11/11/2011 - 08:25
Johannesburg - Retailer Truworths International [JSE:TRU] on Thursday said group retail sales for the first 19 weeks - from June 27 until November 6 2011 of the 2012 financial period - rose by 9.3% to R 3.0bn, relative to the corresponding period in the 2011 financial period. read more
Oceana earnings rise 5%

Oceana earnings rise 5%

11/11/2011 - 08:09
Johannesburg - Fishing and allied services group Oceana Group [JSE:OCE] on Thursday reported a 5% increase in diluted headline earnings per share for the year to September 30 2011 from 299.2 cents to 312.7c. read more
Spar reports flat profits

Spar reports flat profits

11/05/2011 - 09:04
Johannesburg - Supermarket group Spar Group on Wednesday reported diluted headline earnings per share of 262.1 cents for the six months ended March 2011 compared with 264.6 cents a year ago. HEPS were up 0.6% to 279.8 cents. read more
Profit surge for Mr Price

Profit surge for Mr Price

04/05/2011 - 11:27
Johannesburg - Shares in Mr Price Group [JSE:MPC] rose more than 2% in early trade on Tuesday after the discount clothing retailer forecast as much as a 53% rise in full-year profit. read more
Massmart FY profit down, sees gradual recovery

Massmart FY profit down, sees gradual recovery

26/08/2010 - 00:00
Massmart booked a 6 percent fall in full-year profit, hit largely by weak demand in the aftermath of the global recession and said it expects gradual improvement this year. read more