Category: Company Updates

According to the Bloomberg consensus Karooooo was expecting 672.5c in earnings per share and came below that with adjusted EPS of 767c, up 21% y/y.

Reinet agreed to sell its entire stake of 43.3 million shares in British American Tobacco (BAT) through a placement to institutional investors at £28.20 per

Sabvest swapped its 47.5% stake in Flexo for a 23.75% stake in Amicus, a holding company specializing in injection-moulded plastic products for the spice, food,

Revenue fell from R72m in the previous six months to a loss of R57m, marking a dramatic reversal. HEPS shifted to significant loss of -10.5

Vodacom’s proposed acquisition of a 30% stake in Maziv, housing CIVH’s fibre assets, is under appeal following the Competition Tribunal’s prohibition of the deal. The

The SA portfolio showed improved trading metrics, except foot count, which remained stable. Tenant turnover and trading density rose due to repositioning, leasing strategies, and

Stefanutti Stocks HEPS for total operations improved by +159%, reaching 13c, compared to a prior year loss of 22c | Contract revenue from continuing ops

Life Healthcare HEPS from cont. ops +59% to 139c beating the BB consensus of 114c | Revenue +12.7% to R25.5bn, driven by growth in southern

Pepkor HEPS fell -0.4% to 140c, topping the Bloomberg est. of 138c | Impacted by supply chain & late winter season | Revenue +7.8% to

Barloworld FY24 HEPS fell -21% to 1022c, in line with the midpoint of guidance, but below the Bloomberg estimate of 1071c | Revenue decreased -6.9%