AVI

Profit warning from S Africa's AVI

26 Jun 2020

South African consumer goods group AVI has warned its full-year earnings are expected to be down more than 10% after problems at seafood arm I&J.

South Africa's AVI sells stake in Aussie seafood JV

13 Nov 2019

South African consumer goods group AVI has sold its 40% stake in an Australian seafood and snacks joint venture.

Earnings summary - Tipiak annual profits down on flat sales; Parmalat FY earnings up 30%; Premium Brands books 'record' sales on flurry of M&A; Strauss Group buoyant on back of FY sales hike

16 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

South Africa's AVI issues caution on macro trading outlook

13 Sep 2017

South Africa’s AVI Group has booked rising annual profits – but warned domestic trading conditions were likely to remain "difficult".

South Africa's AVI reports full-year revenue growth

25 Jul 2017

South African food producer AVI grew its revenue by 8.2% in the year to the end of June, it has announced.

South Africa's AVI sees food units grow profits in H1

3 Feb 2017

South African consumer goods group AVI has reported a 12% rise in first-half revenues, with "contextually pleasing volume growth" across most of its grocery businesses.

SOUTH AFRICA: AVI sees "solid" FY in "challenging" conditions

10 Sep 2013

South African FMCG group AVI has grown full-year sales and earnings despite constrained consumer spending in the country, increasing competition and rising input costs.

SOUTH AFRICA: Food profits boost AVI earnings

5 Sep 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 Sep 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 Apr 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 Mar 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 Mar 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 Mar 2009

South African consumer goods group Tiger Brands has abandoned plans to buy local rival AVI.

S AFRICA: Tiger stands firm on outlook

16 Feb 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 Jan 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 Nov 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 Nov 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 Nov 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 Oct 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.