Get to know your JSE companies: AVI LIMITED (JSE: AVI)

AVI is a South African-based company focusing on the branded consumer products industry. Its key competencies are the marketing, processing and manufacturing of food, beverages, footwear and cosmetics.

On the 25th of January 2021, AVI released its trading statement for the 6 months ended 31 December 2020. Demand for snacking and beverage brands have normalised from the peaks during the hard lockdown period as consumers returned to more normal spending patterns.

Consolidated headline earnings per share for the 6 months are expected to increase by between 1% and 3% over the comparable period in the prior year.

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