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Famous Brands Ltd (FBRJ.J)

FBRJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Famous Brands Sees HY Basic HEPS Of 175 To 194 Cents Per Share
Monday, 15 Oct 2018 02:30am EDT 

Oct 15 (Reuters) - Famous Brands Ltd ::FAMOUS BRANDS LTD HY BASIC LOSS PER SHARE IS EXPECTED TO BE WITHIN RANGE OF 566 CENTS PER SHARE TO 623 CENTS PER SHARE.DECISION HAS BEEN TAKEN BY BOARD TO RECOGNISE AN IMPAIRMENT OF R874 MILLION (PRE-TAX) AT GROUP LEVEL IN HY.HY GROUP'S BASIC HEPS ARE EXPECTED TO BE WITHIN RANGE OF 175 CENTS PER SHARE TO 194 CENTS PER SHARE (2017: 170 CENTS PER SHARE).HY 2018 RESULTS WERE EXPECTED TO BE STRONGER THAN THOSE REPORTED IN PRIOR COMPARABLE PERIOD.GBK WOULD REPORT A LARGER OPERATING LOSS IN HY THAN IN PRIOR COMPARABLE PERIOD.  Full Article

Famous Brands Says Ntlha Requests To Withdraw Resignation As Financial Director
Thursday, 6 Sep 2018 11:30am EDT 

Sept 6 (Reuters) - Famous Brands Ltd ::WITHDRAWAL OF RESIGNATION OF GROUP FINANCIAL DIRECTOR.REQUEST TO BOARD BY NTLHA TO WITHDRAW HER RESIGNATION DUE TO A CHANGE IN PERSONAL CIRCUMSTANCES HAS BEEN ACCEPTED.  Full Article

Famous Brands FY Headline Earnings Per Share 393 Cents, Down 8%
Thursday, 24 May 2018 01:06am EDT 

May 24 (Reuters) - Famous Brands Ltd ::FY HEADLINE EARNINGS PER SHARE 393 CENTS DOWN 8%.FY REVENUE UP TO R7 BILLION UP 23%.BOARD HAS RESOLVED THAT NO DIVIDEND IS DECLARED FOR PERIOD UNDER REVIEW.  Full Article

Famous Brands Says Impairment‍ On GBK Restaurants Investment To Reduce FY EPS By 20 Pct
Thursday, 8 Mar 2018 01:01am EST 

March 8 (Reuters) - Famous Brands Ltd ::IN RELATION TO INVESTMENT IN GBK RESTAURANTS RECORDS IMPAIRMENT OF INTANGIBLE ASSETS AT GROUP, ESTIMATED TO BE ZAR241 MILLION - ZAR322 MILLION​.‍IMPAIRMENTS AND EXPENSES WILL RESULT IN A DECREASE OF GREATER THAN 20% ON COMPANY'S FY EARNINGS PER SHARE​.  Full Article

Famous Brands says ‍HY revenue up 39 pct to 3.4 bln rand
Monday, 30 Oct 2017 01:05am EDT 

Oct 30 (Reuters) - Famous Brands Ltd ::FAMOUS BRANDS LTD - ‍HY REVENUE UP 39% TO R3.4 BILLION​.FAMOUS BRANDS LTD - ‍HY HEADLINE EARNINGS PER SHARE DOWN 59% TO 170 CENTS​.FAMOUS BRANDS LTD - ‍HY OPERATING PROFIT BEFORE NON-OPERATIONAL ITEMS AT R406 MILLION​.FAMOUS BRANDS LTD - ‍AT END OF PERIOD, CASH AND CASH EQUIVALENTS WERE R493 MILLION (2016: R452 MILLION)​.FAMOUS BRANDS LTD - ‍ANTICIPATED THAT GROUP'S "LEADING" BRANDS WILL DELIVER STRONGER RESULTS IN SECOND HALF OF YEAR​.FAMOUS BRANDS LTD - ‍BOARD IS OF OPINION THAT GBK'S RETURN TO PROFITABILITY WILL BE ACHIEVED IN NEXT FINANCIAL YEAR​.FAMOUS BRANDS LTD - ‍OPERATING ENVIRONMENT IN BOTH LOCAL AND UK MARKETS IS EXPECTED TO "REMAIN TESTING"​.FAMOUS BRANDS LTD - REVIEWING ‍OPTIONS INCLUDING ACCELERATED DEBT REDUCTION, DIVIDEND PAYMENTS AND ACQUISITIONS.FAMOUS BRANDS LTD - ‍NO INTERIM DIVIDEND WILL BE PAID​.  Full Article

Famous Brands sees HY 2017 HEPS to fall within range of 153-187 cents
Monday, 9 Oct 2017 11:15am EDT 

Oct 9 (Reuters) - Famous Brands Ltd :‍FOR SIX MONTHS ENDED 31 AUGUST 2017, HEPS ARE EXPECTED TO DECREASE TO WITHIN RANGE OF 153 CENTS PER SHARE TO 187 CENTS PER SHARE​.FOR SIX MONTHS ENDED AUG 31, ‍GBK RECORDED A PBIT LOSS OF GBP872 000.  Full Article

Famous Brands forecasts weaker six-month results
Wednesday, 16 Aug 2017 02:30am EDT 

Aug 16 (Reuters) - Famous Brands Ltd ::‍AS AT JULY 31, 2017, GROUP'S ENTIRE NETWORK COMPRISED 2,801 RESTAURANTS.IN SA MARKET, TRADING CONDITIONS DECLINED FURTHER IN FIVE MONTHS TO JULY 31​.‍ANTICIPATES THAT TRADING CONDITIONS IN ITS LOCAL AND INTERNATIONAL MARKETS WILL REMAIN CHALLENGING FOR COMING YEAR​.‍GBK'S PROFITABLE CONTRIBUTION TO BUSINESS WILL TAKE LONGER THAN INITIALLY ANTICIPATED​.‍EXPECTS THAT ITS RESULTS FOR FULL SIX MONTHS TO 31 AUG 2017 WILL BE WEAKER THAN THOSE REPORTED IN PRIOR COMPARABLE PERIOD​.GROUP'S OPERATING MARGIN IS EXPECTED TO BE LOWER THAN MANAGEMENT'S EXPECTATIONS.  Full Article

Famous Brands sees full-year HEPS between 15 pct-25 pct lower
Tuesday, 16 May 2017 10:00am EDT 

May 16 (Reuters) - Famous Brands Ltd ::Sees FY HEPS between 15 pct and 25 pct lower than year ago, at between 460 cents per share and 408 cents per share.Sees FY HEPS, before non-operational items from recent deal and increased interest costs, 594-669 cents per share, being 10 pct-24 pct higher versus year ago.One-Off non-operational items relate to acqusition of Gourmet Burger Kitchen Restaurants in the UK.  Full Article

Famous Brands' GBK burger business initiates company voluntary arrangement

JOHANNESBURG, Oct 24 UK Gourmet Burger Kitchen (GBK), owned by South African fast-food chain owner Famous Brands, has decided to initiate a company voluntary arrangement (CVA), Famous Brands said on Wednesday.