ARTICLES RELATING TO EARNINGS REPORTS

Anglo American iron ore, diamond output shines

2017-04-24 11:38

Anglo American’s iron ore and diamond output has risen after production increased at its Minas Rio mine in Brazil and the gem market improved.

Stefanutti Stocks expects earnings loss

2017-04-20 16:49

Stefanutti Stocks expects earnings per share to show a loss of between 70.00 cents and 90.00 cents per share.

PSG results pleasing despite uncertain market - CEO

2017-04-19 14:37

PSG Group has been well positioned with low gearing at all of its companies and a significant portion of the interest rate exposure fixed, says CEO Piet Mouton.

Daimler's first quarter earnings surge on Merc sales success

2017-04-12 11:54

Daimler’s first-quarter profit almost doubled as surging demand for Mercedes-Benz cars like the new E-Class sedan generated delivery growth at triple the rate of its competitor BMW.

Pick n Pay expects improved performance

2017-04-10 18:24

Pick n Pay is in the process of finalising its 2017 financial results for the 52 weeks ended 26 February 2017, which are expected to be published on 19 April 2017.

Capitec earnings rise on record client growth

2017-03-28 15:43

Capitec Bank achieved a record growth of 1.3 million new clients for its financial year to February 2017, and reported 18% growth in headline earnings to R3.8bn.

GPI CEO resigns to run Burger King et al

2017-03-17 10:12

Grand Parade Investments has announced that Alan Keet is resigning as chief executive officer and director of the Western-Cape based holding company.

Barclays Africa debt sale misses target as lenders rush to issue

2017-03-15 08:58

Barclays Africa Group has sold less than half its target in a bond auction as a wall of debt issuance by SA banks and the impending exit of its UK parent, Barclays, damped demand.

New Adidas CEO plans fast-fashion focus to catch up to Nike

2017-03-10 17:07

Adidas’s new CEO is doubling down on surging sales of casual sneaker lines like Stan Smith and Tubular to transform the German sportswear maker into a fast-fashion business.

Old Mutual shareholders to benefit from second dividend

2017-03-09 10:44

Old Mutual has posted growth in earnings and declared a second dividend.

 

Cashbuild updates on 3rd quarter operations

2017-04-20 17:04

Cashbuild says in its third quarter operational update that revenue for the company was down by 1% on the third quarter of the prior financial year.

Pick n Pay’s Zim partner shows strong earnings growth

2017-04-19 16:35

TM Supermarkets, the Zimbabwe-based associate of Pick n Pay, recorded strong performance for the 52 weeks ended February 26 2017.

Novus cautions about lower earnings

2017-04-12 13:25

Novus Holdings expects its basic earnings per share and headline earnings per share to be lower than the previous period by at least 42% and 20% respectively.

H&M unveils new brand as it seeks to revive profit

2017-04-10 18:25

Hennes & Maurita announced the addition of its first new store brand in three years as the Swedish fashion retailer seeks to revive sales in key European markets.

Cyclicality, drought cause sideways movement at Zeder

2017-04-10 15:20

From an earnings point of view, Zeder expected it to be a difficult financial year, but continues to drive for sustainable growth over the medium to long-term.

SAA's losses balloon to R4.5bn

2017-03-27 19:33

SAA’s losses have escalated once more - to R4.5bn. This is R1bn higher than reported just ten days ago, the national carrier's latest income statement to parliament reveals.

Zara owner's margin shrinks to lowest level in 8 years

2017-03-15 13:17

Inditex’s profitability has shrunk to an eight-year low as the retailer was confronted with higher garment costs and lowered prices to fend off increasing competition.

Cell C posts its first-ever full-year profit

2017-03-14 13:55

South Africa’s third largest mobile network Cell C has recorded its first full-year profit of R540m, following a R5.6bn loss the previous year.

Truworths Zim posts 40.8% half-year sales drop

2017-03-10 14:40

ZSE-listed Truworths, owned 34.39% by Truworths International, has reported a 35.89% drop in revenue for the half-year ended January 8 2017.

FirstRand bucks low economic growth trend

2017-03-09 09:58

FirstRand has reported earnings growth across all its businesses, despite a challenging economic environment.

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