Category: Company Updates

Netcare FY24 HEPS were +11.9% higher to 113c, below the Bloomberg estimate of 115c | Revenue gained +6.3% to R25.2bn, while operating profit climbed +12.6%

Super Group, which owns which owns 54% of Aussie-listed SG Fleet, received a non-binding offer from Pacific Equity Partners (PEP) for SG Fleet at AUD

Murray & Roberts is facing severe liquidity issues, mainly due to losses from its OptiPower division and the descoping of the Venetia contract. The company’s

Revenue increased +1.5% to R8.0bn | Operating Profit was up +12.7% to R852m with the operating margin improving by 100 bps to 10.6% | HEPS

Sanlam and Ninety One are forming a long-term asset management partnership. Ninety One will buy Sanlam Investment Management (SIM) and manage specific Sanlam assets. In

Barloworld’s HEPS is expected to decline by 20.1% to 21.6%, to between 1012.1 cents and 1032.1 cents. HEPS from continuing operations will be down by

Remgro, Anglo American Platinum, & Netcare The JSE imposed a public censure on Ms. Thabi Leoka, a former director of several listed companies, for misrepresenting

Virgin Active saw a +16% rise in interim revenue, driven by a +6% rise in active members and a +9% increase in yield. Italy, South

Santam underwriting results within its 5%-10% target range, driven by improved attritional loss experience and additional underwriting actions | Gross written premium grew by +8%,

AVI’s trading environment remains tough due to high interest rates, unemployment, and inflation, which limited sales volume growth. Group revenue for the four months ending