AVI’s group revenue increased 1% to R16bn, driven by price hikes despite lower sales volumes. Operating profit grew 7.8%, with a 6.7% higher margin, supported by improved beverage gross margins and contained expenses. Entyce and Snackworks delivered profit growth through pricing, automation, and cost management, while I&J saw gains from fishing but faced abalone challenges. Fashion brands struggled with an 8.5% revenue drop and losses from Green Cross closure. HEPS are expected to rise 5 to 7% to 721.5 to 735.2 cents. Results due: 8 September.
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