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Adcorp Holdings Ltd (ADRJ.J)

ADRJ.J on Johannesburg Stock Exchange

1,098.00ZAc
26 May 2017
Change (% chg)

15.00 (+1.39%)
Prev Close
1,083.00
Open
1,120.00
Day's High
1,120.00
Day's Low
1,070.00
Volume
79,759
Avg. Vol
88,511
52-wk High
2,100.00
52-wk Low
1,070.00

Latest Key Developments (Source: Significant Developments)

Adcorp Holdings posts FY headline loss of 27.9 c/shr
Tuesday, 23 May 2017 10:20am EDT 

May 23 (Reuters) - Adcorp Holdings Ltd ::Revenue for year increased by 3 pct to R16.1 billion.FY headline loss per share of 27.9 cents per share.FY cash generated by operations increased by 25 pct to R439.9 million.No final dividend declared.Stability has crept back into South African TES market following initial uncertainty created by new South African labour laws.Is in process of scaling back its African operations to stem losses in that part of business.Seen improvement in Australian business, which has seen a pick-up in volumes, exploring other industrial sectors such as renewable energy.Number of one-off costs such as forex losses, losses in Africa and retrenchment costs are unlikely to repeat in FY2018.  Full Article

Adcorp Holdings appoints chief financial officer
Tuesday, 9 May 2017 02:22am EDT 

May 9 (Reuters) - Adcorp Holdings Limited : :Appointment Of Chief Financial Officer And Director.Cheryl-Jane Kujenga has been appointed as chief financial officer and an executive director of Adcorp with effect from 1 July 2017..  Full Article

Adcorp Holdings sees FY HEPS between 23-33c/shr
Friday, 5 May 2017 11:05am EDT 

May 5 (Reuters) - Adcorp Holdings Limited ::Sees fy headline loss per share of between 23 and 33 cents.  Full Article

MTN names Adcorp unit as preferred vendor for call centres
Friday, 30 Sep 2016 09:22am EDT 

MTN Group Ltd : MTN names preferred vendor for its outsourced call centre facilities . Rightsource, a subsidiary of Adcorp, has been named as preferred partner to manage MTN SA's outsourced call centres . Hybrid call centre model is going live on Oct. 1 2016 Further company coverage: [MTNJ.J] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Adcorp says Adcorp International CEO to resign
Friday, 23 Sep 2016 11:00am EDT 

Adcorp Holdings Ltd :Amitava Guharoy, CEO of Adcorp International, has resigned as an executive director of Adcorp with effect from 1 October 2016.  Full Article

Adcorp drops financing talks over international expansion plans
Friday, 26 Aug 2016 03:12am EDT 

Adcorp Holdings Ltd :Adcorp has elected not to further pursue negotiations, following an extensive analysis of proposed commercial terms.  Full Article

AdCorp Holdings is deal talks for international expansion
Thursday, 4 Aug 2016 03:00am EDT 

Adcorp Holdings Ltd : Further cautionary announcement .Is currently engaged in negotiations relating to, inter alia, partnering with financiers on its international expansion strategy.  Full Article

Adcorp Hlgds says full-year revenue up 17 pct
Tuesday, 24 May 2016 07:26am EDT 

Adcorp Holdings Ltd : Revenue for year increased by 17% to r15,6 billion . Operating profit for year increased by 2% to r464,8 million . Normalised earnings per share increased by 4% to 365,3 cents per share . Fy headline earnings per share increased by 0,4% to 299,6 cents per share . Final dividend declared of 75 cents per share (2015: 88 cents per share) .Fy normalised ebitda for year decreased by 7% to r621,5 million.  Full Article

Adcorp expects FY HEPS to increase by 0 pct to 2 pct
Wednesday, 18 May 2016 04:33am EDT 

Adcorp Holdings Ltd : For year ended February 29, 2016 headline earnings per share are expected to increase by 0 pct to 2 pct compared to corresponding year .HEPS are therefore expected to be between 298 cents and 304 cents per share compared to 298.5 cents in corresponding year.  Full Article

Adcorp Holdings Ltd details contractor volumes loss from S.Africa labour law changes - Reuters
Monday, 8 Feb 2016 07:34pm EST 

Adcorp Holdings Ltd:Initial loss of volume approximated 20,000 contractors or just over 20 pct of contractor volumes in South African business - RTRS.Group shed 561 jobs as well as recovering about 6,300 new contractor headcount effectively recouping 32 pct of initial headcount loss.FY2016 has been negatively impacted by implementation of new labour legislation, annualised impact of which will flow over into FY2017​.  Full Article

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