AVI - food industry company news 
SOUTH AFRICA: Food profits boost AVI earnings
5 September 2011
Improved sales and profits from AVI's food operations have helped the South African conglomerate AVI increase its annual earnings.
SOUTH AFRICA: AVI posts falling food sales, profits
7 September 2010
Falling sales and profits from food and drink has weighed on annual profits at South African conglomerate AVI.
S AFRICA: Tiger earnings up, expects “modest” FY earnings
19 May 2009
South African consumer goods group Tiger Brands has posted an 8% increase in first-half earnings today (19 May) but forecast “modest” growth in full-year profits.
ISRAEL: Strauss appoints CEO for Israel division
11 May 2009
Israeli food maker Strauss Group has appointed Zion Balans as president and CEO of its domestic unit.
ISRAEL: Strauss appoints new CEO
1 April 2009
Israeli food maker Strauss Group has promoted Gadi Lesin, chief of its domestic business, as president and chief executive of the company.
UPDATE: S AFRICA: AVI plays down prospect of sale
9 March 2009
South African food group AVI has played down reports that it is open to takeover bids after the failure of Tiger Brands’ approach last week.
S AFRICA: Pricing drives AVI H1
9 March 2009
South Africa’s second-largest food company, AVI, posted a 19% jump in profits from continuing operations during its first half, as it reaped the benefit from price rises.
S AFRICA: Tiger walks away from AVI bid
4 March 2009
South African consumer goods group Tiger Brands has abandoned plans to buy local rival AVI.
S AFRICA: Tiger stands firm on outlook
16 February 2009
South African consumer goods group Tiger Brands has said that its trading performance for the first four months of the year has been in line with expectations, reflecting a general slowdown in demand.
S AFRICA: Tiger makes fresh play for AVI
26 January 2009
South African consumer goods group Tiger Brands has made a fresh move to acquire local rival AVI.
UPDATE: S AFRICA: Tiger silent on AVI bid
25 November 2008
South African consumer goods group Tiger Brands has remained silent on reports it is continuing to pursue its proposed offer for smaller rival AVI, despite AVI’s board rebuffing the proposal.
S AFRICA: Tiger Brands FY performance “pleasing”
25 November 2008
South Africa’s largest food and consumer goods company Tiger Brands has unveiled a “pleasing” set of full-year results, with a pension-fund surplus boosting annual profits.
SOUTH AFRICA: Tiger Brands eyes AVI buy
17 November 2008
South African consumer goods group Tiger Brands has indicated that it is considering making a move to acquire local rival AVI.
S AFRICA: AVI warns on margins despite 18% sales jump
16 October 2008
AVI, the South African consumer goods group, has reported an 18% rise in first-quarter revenue but admitted that commodity costs are squeezing margins.
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