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Tiger Brands FY HEPS Declined 6% To 1 127 Cents Per Share
Tiger Brands Sees FY HEPS From Continuing Operations Between 5% And 15% Lower
Tiger Brands Says Impact Of UAC Foods Disposal On Co's Headline Earnings Will Not Be Material
Tiger Brands Limited is a manufacturer and marketer of fast-moving consumer goods (FMCG). The Company manufactures and distributes brands spanning food, home and personal care and baby products. Its segments are Domestic operations and International (including Exports). The Domestic operations segment includes Grains, Consumer Brands, Home, Personal Care and Baby (HPCB), and Other. The International (including Exports) segment includes Exports, International operations and Deciduous Fruit (Langeberg & Ashton Foods (LAF)). Its International operations include Central Africa, East Africa and West Africa. Its brands include Albany, Golden Cloud, King Korn, Mabela, Morvite, Ace Instant, Jungle Oats, Taystee Wheat, Tastic, Aunt Caroline, Surprise, Cresta, Fatti's & Moni's, KOO, All Gold, Crosse & Blackwell, Black Cat, Mrs Ball's, MMMallows, Beacon, Maynards, Allsorts, Jelly Tots, Jungle Energy Bar, Mielie-Kip, Lemon Lite, Kair, Protein Feed, Airoma, Peaceful Sleep and Bio Classic.
3010 William Nicol Drive,
Geraldine Joslyn Fraser-Moleketi
Independent Non-Executive Chairman of the Board
Noel Patrick Doyle
Chief Executive Officer, Executive Director
Chief Financial Officer, Executive Director
Chief Human Resource Officer
Chief Marketing Officer
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* Inflation will be similar to FY 2021-CFO (Adds price increases)
* Resumes interim dividend of 320 cents a share (Recasts with venture capital fund)
South Africa's biggest food producer Tiger Brands will launch a venture capital fund to invest in food and beverage start ups, with initial allocation of less than 100 million rand ($7.09 million), CEO Noel Doyle said on Thursday.
South Africa's biggest food producer Tiger Brands said on Thursday half-year profit rose by 21%, supported by strong revenue growth in the first quarter and resumed an interim dividend of 320 cents a share.
South Africa's biggest food producer Tiger Brands said on Thursday it expects its half-year profits to rise by up to 55% versus a year earlier.
South Africa's biggest food producer Tiger Brands said on Wednesday it expected headline earnings from continuing operations to rise as much as 20% in the six months to March 31.
South Africa's biggest food producer Tiger Brands said on Wednesday it expected headline earnings from continuing operations in the six months to March 31 to rise as much as 20%, a bounce back after a decline reported in its full-year results.
* Signs of recovery in FY 2021 (Adds strategy plan, FY 2021 outlook)
Tiger Brands, South Africa's biggest food producer, is targeting cost savings of 500 million rand ($32 million) in the 2021 financial year and has cut 400 jobs, CEO Noel Doyle said on Friday.
Tiger Brands, South Africa's biggest food producer, is targeting cost savings of 500 million rand ($32.5 million) in the 2021 financial year and has cut 400 jobs across the business, Chief Executive Noel Doyle said on Friday.
Tiger Brands, South Africa's biggest food producer, reported on Friday a 23% decline in full-year earnings but declared a special dividend in addition to a final dividend.
* Will lose 302 mln rand from foregoing price increases (Adds details and earnings forecast)
South African food producer Tiger Brands will sell its processed meats business through two separate deals for a combined 428 million rand ($24.7 million), it said on Monday.
South Africa's Tiger Brands said on Thursday a court had ruled in favour of compelling third parties to provide information on testing of listeria-causing bacteria.
* Will rationalise personal care brands (Adds business updates, cost savings)
South African food producer Tiger Brands reported on Monday a 35% fall in half-year headline earnings and deferred its interim dividend due to uncertainty around the coronavirus pandemic.
South Africa's biggest food producer Tiger Brands said on Wednesday it took a 557 million rand ($30.86 million)impairment charge on its export businesses as trading conditions remained difficult amid the coronavirus pandemic.
* PREMIER FISHING AND BRANDS - SEES HY BASIC EPS TO BE BETWEEN 4.08 AND 6.77 CENTS
* BOARD WILL CONSIDER APPROPRIATENESS AND/OR QUANTUM OF ANY INTERIM DIVIDEND DECLARATION FOR SIX-MONTH PERIOD ENDED 31 MARCH 2020
South Africa's leading food producer Tiger Brands warned on Wednesday that it expects half-year headline earnings to fall as much as 36% as its bakery and pasta business faced pricing pressure and a legal dispute wiped out exports to Nigeria.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.