Remgro recently released its interim financial statements for the period ended 31 December 2019. Revenue generated from continuing operations increased by 4.2% to R31.6 billion (1H2019: R30.3 billion). Cash generated from operating activities was down by 17.6% to R3 billion (1H2019: R3.7 billion) and headline earnings per share declined by 0.2% to 750.9 cents (1H2019: […]
MTN recently released their annual financial results for the year ended 31 December 2019. The group reported an increase of 9,7% in revenue to R151 billion. Reported headline earnings per share rose to 468 cents from 337 cents in December 2018, and EBITDA margins increased from 35.9% (FY2018) to 42.3% (FY2019). The board has declared a final […]
AECI released its financial results for the year ended 31 December 2019. Revenue increased by 6.37% from R23.3 billion (FY2018) to R27.8 billion. Of the group’s total revenue, 40% was generated outside of South-Africa. Overall volumes grew by 1% due to successful tenders in the second half-year. Profit from operations increased by 58% to R190 […]
BHP recently released its results for the half-year ended 31 December 2019. Revenue grew by 7.5% to US$22.3bn (1H2020) from the first half of 2019. Headline earnings per share increased by 17% from the first half of 2019 to 97.1 US cents per share (1H2019:83 US cents). Management states that to overcome market uncertainty and […]
Hudaco released its annual results for the year ended 30 November 2019 on 31 January 2020. Two of the critical drivers of Hudaco’s business are South Africa’s GDP growth rate and the Rand exchange rate, which lead to a challenging business environment. In spite of these challenges, group revenue rose by 5.1% to R6.7 bn (2018:6.3bn). […]
Anheuser released it’s third-quarter results on 25 October 2019 for the period ending 30 September 2019. The company reported total revenue of $13.17bn (3Q12.9bn) for the third quarter, an increase of 1.98% from the previous year and organic growth increase of 2.7%. Total organic volume declined by 0.5%, with a 0.9% decrease in own-beer volume. […]
Nedbank Group Limited is a financial services provider. The company provides wholesale and retail banking services, insurance, asset management and wealth management offerings. Nedbank released its interim results for the six months ended 30 June 2019. The group reported net interest income of R14.81bn (1H19: R14.0bn), an increase of 5.8% compared to the prior period. […]
Coronation Fund Managers Limited is a South African investment-led, owner-managed business. The company is an active investment manager that focuses on fund management for both institutional and retail client markets. Coronation reported its financial results for the period ended 30 September 2019. The company had a tough year with revenue down by 14% to R3.29bn […]
Mr Price Group Limited is a fashion retailer company that operates through the following segments: Apparel, Home, Financial Services & Cellular and Central Services. The company released its full-year 2019 (FY19) results on 31 May 2019 for the period ending 30 March 2019. They reported diluted headline earnings per share of 1142.3 cents for FY19 […]
Tiger Brands Limited is a manufacturer of branded food products in sub-Saharan Africa. On 22 May 2019, the company released its interim results for the period ended 31 March 2019. They reported diluted headline earnings per share of 759 cents (1H18: 865.3 cents) from continued operations, down by 12.3% compared to the prior period. Excluding […]
Remgro released its full-year results for the period ending 30 June 2019. The company’s headline earnings per share (HEPS) for the full year declined by 4.2% to R14.49 per share compared to the prior period (FY18: R15.13 per share). Excluding the option remeasurement, HEPS was down only 2.6% for the period. On 2 July 2018, […]
Growthpoint Properties Limited is a real estate investment trust. The primary business of the company is investment in rental-generating properties, which are maintained and upgraded or refurbished as necessary. The company reported its full-year results for the year ended 30 June 2019. The group reported total revenue of R11.5bn (FY18: R10.92bn), up by 5.75% compared to […]
Wilson Bayly Holmes-Ovcon Limited is engaged in civil engineering and building contracting activities in the Republic of South Africa and internationally. On the 3rd of September 2019, WBO released its audited consolidated financial statements for the year ended 30 June 2019. The group’s total revenue grew by 16%, operating margin contracted slightly to 1.4%, diluted […]
Woolworths Holdings is a South African-based retail group. Last week Woolworths reported its annual results for the year ended 30 June 2019.Total revenue increased by 6.6%, headline earnings per share declined by 1% to 342.9 cents per share and the board declared a final gross dividend of 98.5 cents per share, a decrease of 24.5% […]
BHP is a world-leading resources company. It extracts and processes minerals, oil, and gas from its production operations located primarily in Australia and the Americas. The group recently released its annual results for the year ended 30 June 2019. Revenue for the period grew by 3% to US$44.28bn, headline earnings per share increased by 31% to […]
The Shoprite Group of Companies is Africa’s largest food retailer. The group operates a total of 2 934 outlets in 15 countries across the continent, as well as on the Indian Ocean islands, and employs more than 147 000 people. Shoprite released its full-year results on 20 August, for the period ended 30 June 2019. […]
Standard Bank Group Limited offers transactional banking, saving, borrowing, lending, investment, insurance, risk management, wealth management, and advisory services. The company released its interim results for the period ending 30 June 2019. They reported diluted headline earnings per share of 828.8 cents (1H 2018: 794 cents) for the first six months, up by 4.4%, and slightly […]
British American Tobacco PLC is a tobacco and next-generation products company. The company recently reported its interim results for the period ending 30 June 2019. It reported a robust revenue number of £12,004m for the first six months, showing an increase of 4.1% in constant currency, achieving the midpoint of its revenue guidance of between […]
AECI Limited is a South African-based explosives and chemical specialty company. The company is engaged in offering a range of products and services to customers in the mining, manufacturing, and agricultural industries. AECI recently released its interim results for the six months ending 30 June 2019. The company reported an increase of 14% in revenue […]
Hudaco Industries Limited is a South African-based company, which is engaged in the importation and distribution of branded automotive, industrial and electrical consumable products, operating in the Southern-African region. On Friday, the 28th of June, Hudaco released its interim results for the six months ending May 2019. Under challenging trading conditions, the group managed to […]
