UK boost for Foschini sales

2016-05-27 18:35

The Foschini Group has posted an increase of 31.2% in retail sales, with the group's UK fashion brand Phase Eight surpassing expectations.

Mediclinic announces 7% revenue growth

2016-05-25 09:27

Mediclinic International has announced 7% revenue growth for the year to end-March, thanks to stable margins at 20.3% driving strong underlying earnings growth.

Adcorp prevails despite labour law changes

2016-05-24 19:20

Listed workforce management group, Adcorp Holdings, announced group revenues increased by 17% to R15.6bn for the financial year ended February 29 2016.

Pioneer Foods reports 6% rise in half-year profit

2016-05-23 10:48

Pioneer Food Group has reported a 6% rise in half-year profit as a severe drought hurt its domestic operations.

Glencore's best start of year eases IPO slump

2016-05-19 10:43

Glencore shareholders have been showing up for their annual meeting and they can take comfort in the stock’s best ever start to a year.

Suzuki shares plunge after flawed tests

2016-05-18 18:31

Suzuki's shares have plunged after it used an improper method to test the fuel efficiency of its vehicles.

Lewis Group flags profit drop as sales slow

2016-05-16 19:13

The Lewis Group expects a drop in full-year profit of up to 29% after sales slowed in the second half of its trading period due to a weak economy.

Barloworld posts lower half-year profit

2016-05-16 10:13

Barloworld has reported a 9% fall in half-year profit as a slowdown in mining activity hurt its equipment business in southern Africa.

Mondi earnings gain on consumer packaging

2016-05-12 09:30

Mondi has said first-quarter earnings have risen 14% on strong contributions from the consumer business and domestic South African market.

Emirates profit rises 50% on fuel windfall

2016-05-10 15:38

Emirates Group has boosted full-year profit 50% as the airline expanded its wide-body jet fleet to siphon more long-haul travellers through Dubai.


Computerised trader beats banks in top currency ranks

2016-05-25 13:18

Computerised trading firm XTX Markets has come from nowhere to dethrone major banks in the rankings of the world’s biggest spot currency traders.

Lewis, hit by new credit rules, sees 26.5% profit drop

2016-05-25 08:38

The Lewis Group has posted a 26.5% fall in profits, due to tough trading conditions and the introduction of new affordability assessment regulations by the NCR.

Mr Price declares dividend

2016-05-23 16:08

Mr Price Group has declared a final gross cash dividend for the 53 weeks ended April 2 2016.

Investec’s full-year profit rises 3%

2016-05-19 14:15

Investec, owner of a bank and money manager in South Africa and the UK, has said full-year profit rose 3% on loan growth and fund inflows.

VW promises higher profit

2016-05-18 19:00

Volkswagen has responded to criticism from activist investor Chris Hohn with promises to improve profitability and review management pay.

SABMiller profit misses estimates

2016-05-18 14:32

SABMiller has reported full-year earnings that missed analysts’ estimates as it was saddled with charges related to some African units.

Netcare reports half-year profit rise

2016-05-16 10:53

The Netcare hospital group has reported an 11% rise in half-year profit as a strong showing at home offset weak demand in the United Kingdom.

Lonmin turns cash-positive on cost cuts

2016-05-16 10:03

Platinum miner Lonmin says it was cash-positive in the first half of the year as it implements a cost-cutting plan to save the business.

LafargeHolcim earnings miss estimates

2016-05-12 09:05

LafargeHolcim first-quarter earnings have missed expectations ahead of a shareholder meeting, as the value of their holdings has tumbled.

EasyJet posts loss as terror attacks clip demand

2016-05-10 09:21

EasyJet has posted a loss as a spate of terrorist attacks undermined demand for flights and contributed to a Europe-wide capacity glut.

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