Profit warning from S Africa’s AVI
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.
AVI
South Africa’s AVI sells stake in Aussie seafood JV
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
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
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
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
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. The company, which is set…
SOUTH AFRICA: AVI sees “solid” FY in “challenging” conditions
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. The company said sales from continuing…
SOUTH AFRICA: Food profits boost AVI earnings
Improved sales and profits from AVI's food operations have helped the South African conglomerate AVI increase its annual earnings. AVI, which sells clothing and footwear alongside food brands like I&J…
SOUTH AFRICA: AVI posts falling food sales, profits
Falling sales and profits from food and drink has weighed on annual profits at South African conglomerate AVI. The company yesterday (6 September) booked a 7.8% drop in net profit…
S AFRICA: Tiger earnings up, expects “modest” FY earnings
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. For the six months ended 31 March,…
ISRAEL: Strauss appoints CEO for Israel division
Israeli food maker Strauss Group has appointed Zion Balans as president and CEO of its domestic unit. Balas will assume his role on 15 June and follows the recent appointment…
