Tag: revenu
Afrox’s share price jumps on positive interim results
Afrox’s share price jumped almost four per cent after releasing its interim results. The gas producer and welding products giant expects low economic growth to continue for the rest of the financial year. It plans to focus on specific growth opportunities especially the Healthcare Tender award. Joining CNBC Africa for a detailed conversation on these results is Matthias Vogt, Afrox's CFO.
Despite recession Spur optimistic
Spur Corporation reported a stronger second half performance in challenging economic conditions in its major trading markets, with total franchised restaurant sales across the local and international operations increasing by 1.3 percent to R7.1 billion in the year to June. The group’s diluted headline earnings per share from continuing operations increased by 14 per cent to 160.5 cents. Joining CNBC Africa is Pierre van Tonder: CEO Spur Corp.
Why Australia is frying Spur
Spur Corporation reported a stronger second half performance in challenging economic conditions in its major trading markets, with total franchised restaurant sales across the local and international operations increasing by 1.3 percent to R7.1 billion in the year to June. The group’s diluted headline earnings per share from continuing operations increased by 14 per cent to 160.5 cents. Joining CNBC Africa is Pierre van Tonder: CEO Spur Corp.
FNB’s digital strategy, UK business pays dividends for FirstRand
Financial services group, FirstRand Bank's integrated business portfolio of FNB, RMB, Wesbank, Aldermore and Ashburton Investments is reporting much improved results for the year ended June 30, 2018. FirstRand reports a 9 per cent increase in income from operations, up to R84.72 billion. Headline earnings increased by 12 per cent to R23.7 billion. Joining CNBC Africa for more is Alan Pullinger, Group CEO, FirstRand.
Why Bidvest is concerned by Govt’s infrastructural spending
Bidvest’s CEO Lindsay Ralphs discusses potential acquisitions and why it remains concerned over government's ability to drive infrastructural spending and the ongoing maintenance at certain key entities and facilities.
These are the assets Bidvest is disposing of
Bidvest’s CEO Lindsay Ralphs reveals which assets it is selling and why.
Distell delivers strong full-year results
Global liquor giant, Distell has released its full year results since its listing just a few months ago. Distell is reporting an increase in group revenue of 10.4 per cent to R24.2 billion for the six months ended June 30 2018. The company looks forward to increasing investment in its production of Hunters, which is the world's second largest cider brand. Richard Rushton, Distell's Group MD spoke to CNBC Africa about other prospects for the company.
#Listeria outbreak hurts Bidcorp’s FY profit
Bid Corporation, South African global food services group, has reported revenue growth of 8 per cent to R119 billion for the year to end-June. Bidcorp also grew its headline earnings per share by 8 per cent, up to R12.86. Net profit declined 12 per cent to R3.6 billion. Bidcorp CEO, Bernard Berson, joins CNBC Africa for more.
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