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
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.
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…
ISRAEL: Strauss appoints CEO for Israel division
Israeli food maker Strauss Group has appointed Zion Balans as president and CEO of its domestic unit.
ISRAEL: Strauss appoints new CEO
Israeli food maker Strauss Group has promoted Gadi Lesin, chief of its domestic business, as president and chief executive of…
UPDATE: S AFRICA: AVI plays down prospect of sale
South African food group AVI has played down reports that it is open to takeover bids after the failure of…
S AFRICA: Pricing drives AVI H1
South Africa’s second-largest food company, AVI, posted a 19% jump in profits from continuing operations during its first half, as…
S AFRICA: Tiger walks away from AVI bid
South African consumer goods group Tiger Brands has abandoned plans to buy local rival AVI.