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Tiger Brands Ltd (TBSJ.J)

TBSJ.J on Johannesburg Stock Exchange

24 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Tiger Brands says group turnover for 4 months to Jan.31 up 12 pct
Tuesday, 21 Feb 2017 07:00am EST 

Tiger Brands Limited : Group turnover increased by 12 pct for four month period ended 31 january 2017 . Says trading environment remains difficult . Tiger brands - has decided to dispose of co's 51 pct stake in its kenyan business, haco tiger brands limited, to its local partner, who holds remaining 49 pct of company . Says impact of transaction on tiger brands' earnings, headline earnings and net asset value per share will not be material . Transaction is subject to a number of suspensive conditions , including receipt of necessary regulatory approvals in kenya .Impact of transaction on tiger brands' earnings, headline earnings and net asset value per share will not be material.  Full Article

Tiger Brands appoints Noel Doyle as CFO from Aug 1
Wednesday, 20 Jul 2016 01:25am EDT 

Tiger Brands Ltd : JSE: TBS - appointment of Chief Financial Officer . Appointment of Noel Doyle into role of chief financial officer of company, with effect from Aug 1 2016 .Doyle has been chief operating officer of company since July 13 2015; served as company's acting ceo from Jan. 1 until May 9.  Full Article

Tiger Brands says to sell 51 pct stake in Ethiopia unit to EAG
Thursday, 9 Jun 2016 06:56am EDT 

Tiger Brands Ltd : Disposal of shareholding in East African Tiger Brands Industries of Ethiopia . Decided to dispose of company's 51 pct stake in its Ethiopian business, eatbi, to its partner East Afric Group .Impact of transaction on Tiger Brands' earnings, headline earnings and net asset value per share will not be material..  Full Article

Tiger Brands says H1 total HEPS rises 14 pct
Tuesday, 24 May 2016 01:06am EDT 

Tiger Brands Ltd : Group turnover. up 9% to R15,9 billion for six months ended 31 March 2016 . Six month HEPS. unchanged at 978 cents . Interim dividend per share up 7% to 363 cents . Total HEPS up 14% to 975 cents for the six months ended March 31 . Outlook for balance of year remains challenging, with downside risk to macro-economic environment .Key challenge will be to maintain volume momentum notwithstanding price increases that are currently being taken to partly offset cost pressures.  Full Article

Tiger Brands Ltd declares interim dividend
Wednesday, 20 May 2015 01:30am EDT 

Tiger Brands Ltd:Declares an interim dividend of 339 cents per share for the half year ended March 31, which represents an increase of 3% compared to the 2014 interim dividend of 329 cents per share.  Full Article

More From Around the Web

UPDATE 1-South Africa's Tiger Brands 'still interested in Nigeria' - UAC's CEO

LAGOS, March 31 South Africa's Tiger Brands is still interested in investing in Nigeria despite pulling out of a flour milling business it acquired that never turned a profit, local conglomerate UAC said on Friday.