Offshore
Cloudflare (NET)
Cloudflare (NET), the cloud security and infrastructure provider, gained 12% after issuing stronger than expected quarterly guidance. Adjusted EPS guidance of 43c exceeded expectations of
9 November 2026
Bringing you daily updates, insights and commentaries from the markets.
In-depth analysis of offshore companies
Cloudflare (NET), the cloud security and infrastructure provider, gained 12% after issuing stronger than expected quarterly guidance. Adjusted EPS guidance of 43c exceeded expectations of
Microchip Technology (MCHP), the semiconductor manufacturer, fell 14% after issuing weaker than expected quarterly guidance. Third quarter adjusted EPS is forecast between 87c and 95c,
Moderna (MRNA), the biotechnology and vaccine manufacturer, gained 7% after beating third quarter earnings expectations. The company raised its FY26 revenue growth outlook to between
Airbnb (ABNB), the online accommodation marketplace, gained 11% after third quarter EPS of $3.16 beat expectations of $2.85. Revenue increased to $4.87bn, exceeding analyst expectations
Iren (IREN), the data centre and AI infrastructure provider, surged 19% after reporting first quarter revenue of $228m, up from $137m in the previous quarter.
Axon Enterprise (AXON), the Taser and public safety technology manufacturer, dropped 18% after missing third quarter earnings and revenue expectations. Weak fourth quarter guidance and
IonQ (IONQ), the quantum computing company, rose 17% after raising its FY26 revenue guidance to between $505m and $515m. This exceeded analyst expectations of $456m.
Cava (CAVA), the Mediterranean restaurant chain, fell 9%. Third quarter EPS reached $0.11, below expectations of $0.12. Revenue totalled $356m, missing estimates of $359m.
Motorola Solutions (MSI), the communications and security technology provider, gained 5%. The company raised FY26 adjusted EPS guidance to between $17.94 and $17.99. Revenue guidance
Tripadvisor (TRIP), the online travel platform, plunged 22%. The company announced the departure of its chief executive and finance chief. Fourth quarter revenue is expected
DraftKings (DKNG), the online sports betting platform, fell 22%. Third quarter adjusted loss per share widened to $0.94, against expectations of $0.39. Revenue reached $1.33bn,
Affirm Holdings (AFRM), the buy now, pay later provider, fell 11%. Second quarter revenue guidance ranges between $1.44bn and $1.47bn. This narrowly exceeds expectations of
IREN (IREN), the AI cloud infrastructure provider, reported quarterly revenue of $228m, up from $137m. However, more than $4bn in projected annual recurring revenue has
Airbnb (ABNB), the holiday rental platform, reported adjusted EPS of $3.16, above expectations of $2.85. Revenue increased to $4.87bn, exceeding the $4.75bn consensus. Shares are
AppLovin (APP), the mobile advertising technology company, surged 30% and traded in 4.2x regular volumes. Third quarter adjusted EBITDA reached $1.84bn, above expectations of $1.73bn.
Dutch Bros (BROS), a US coffee chain, fell 19%. The company cut FY26 adjusted EBITDA guidance to at least $380m, from previous guidance of between
MercadoLibre (MELI), the Latin American e commerce and payments platform, fell 7%. Third quarter EPS came in at $8.83, below expectations of $9.27. Revenue increased
AppLovin (APP), the mobile advertising technology company, gained more than 20%. Third quarter adjusted EBITDA reached $1.84bn, above expectations of $1.73bn. Revenue increased to $2.18bn,
Kraft Heinz (KHC), the food and beverage manufacturer, gained 6%. Third quarter adjusted EPS reached 53c, above expectations of 42c. Revenue increased to $6.12bn, exceeding
Duolingo (DUOL), the language learning app, gained 32% after third quarter revenue increased to $309m, above expectations of $303m. Monthly active users reached 153m, exceeding
CVS Health (CVS), the US healthcare and pharmacy group, fell 12%. The company plans to split into two separately listed businesses by the first half
McDonald’s (MCD) gained 5% after adjusted EPS increased to $3.57, above expectations of $3.38. Revenue reached $7.16bn, below expectations of $7.29bn.
Novo Nordisk (NVO), the pharmaceutical company behind Ozempic and Wegovy, gained more than 6%. Earnings reached DKK5.79 per share, above expectations of DKK5.10. FY26 guidance
Booking Holdings (BKNG), the owner of Booking.com, gained 11% after it reported adjusted EPS of $4.66, above the $4.49 consensus, while revenue of $8.89bn missed
Tempus AI (TEM), the precision medicine and healthcare data analytics company, gained nearly 12% after beating third quarter expectations. Revenue increased 23% to $411.5m, while
IDEXX Laboratories (IDXX), the veterinary diagnostics and animal healthcare company, jumped 20% after beating third quarter expectations. Revenue increased 10% to $1.21bn, supported by growth
Fabrinet (FN), the advanced optical manufacturer, jumped more than 10% following strong quarterly guidance. Second quarter adjusted EPS is expected between $4.77 and $4.92, above
Apple (AAPL) fell 2% in extended trading. Investors were disappointed by its gross margin outlook. Fourth quarter iPad sales also missed expectations, raising concerns about
Clorox (CLX), the household cleaning products business, gained 2% after beating first quarter expectations. Adjusted EPS reached $1.55, against expectations of $1.07. Revenue increased to
Palantir Technologies (PLTR), a data analytics company, fell 2% despite beating third quarter earnings expectations. Revenue nearly doubled to more than $2bn. US commercial revenue
Exxon Mobil (XOM), the integrated oil and gas producer, gained more than 1%. Third quarter profits doubled to $15.4bn, compared with $7.50bn a year earlier.
Chevron (CVX), the integrated oil and gas company, gained 1% after reporting third quarter net income up approximately 200% to $9.9bn. Revenue also exceeded expectations,
Coinbase (COIN), the cryptocurrency exchange, fell 12%, while Robinhood (HOOD), an online brokerage and trading platform, declined 8%. Both stocks came under pressure following a
Amazon (AMZN) slipped 1% following third quarter results that missed expectations. The company also reported negative trailing twelve month free cash flow of $42.4bn. Heavy
Intel (INTC), the4 semiconductor manufacturer, plunged 29% after issuing weaker fourth quarter guidance. Adjusted EPS is expected at $0.25, below expectations of $0.43. Revenue is
FedEx Freight (FDXF), a freight transportation and logistics business, jumped 15% following strong fourth quarter guidance. Revenue is expected between $2.30bn and $2.37bn, compared with
Mondelez International (MDLZ), the confectionery and snacks manufacturer behind Oreo and Cadbury, gained more than 3%. Third quarter adjusted EPS came in at $0.78, beating
Boot Barn (BOOT), the Western apparel and footwear retailer, gained 14% after strong second quarter results. EPS reached $1.73, ahead of $1.64 expected, while revenue
Crocs (CROX), the casual footwear manufacturer, surged 26% after beating third quarter expectations. Adjusted EPS reached $3.69, ahead of $3.31 expected, while revenue increased to
Norwegian Cruise Line (NCLH), the cruise operator, gained 13% after beating third quarter expectations. Adjusted EPS reached $1.12, ahead of 93 cents expected. Revenue increased
Shell (SHEL), the global oil and gas major, gained 2% after third quarter profit nearly doubled year on year. Profit increased to $10.81bn, ahead of
Eli Lilly (LLY), the pharmaceutical company behind Zepbound and Mounjaro, gained 6% after strong third quarter results. Adjusted EPS reached $7.48, ahead of $6.26 expected.
Caterpillar (CAT), the construction and mining equipment manufacturer, fell 7% despite beating third quarter expectations. Adjusted EPS reached $7.20, ahead of $7.08 expected, while revenue
Alphabet (GOOGL), Google’s parent company, fell 12% after third quarter results disappointed. Revenue reached $127.58bn, below $128.22bn expected, while search revenue missed estimates. Negative free
ADT (ADT), the home security company, surged after agreeing to a $15.3bn cash acquisition by Thrive Holdings. The transaction is expected to close in the
Bloom Energy (BE) fell 12% despite beating third quarter earnings and revenue expectations. Investors focused on negative free cash flow, despite higher full year 2026
SpaceX (SPCX) gained almost 2% after PhillipCapital upgraded the company to a buy from a sell. Its price target increased to $250 from $75 reflecting
Norwegian Cruise Line (NCLH) declined more than 3% following a JPMorgan downgrade to underweight. JPMorgan cut its price target to $11 from $13 and raised
American Express (AXP) fell more than 3% after announcing plans to cut 5% of its global workforce. The company expects to incur a $336m restructuring
CSX (CSX), the US freight railway operator, reported third quarter EPS of 57c, above the 53c consensus. Revenue reached $4.02bn, exceeding the $3.96bn forecast. Shares
Spotify (SPOT), the global music and audio streaming platform, surged 11% after issuing stronger than expected fourth quarter revenue guidance. Monthly active users increased 11%
Lockheed Martin (LMT), the US defence contractor, rose 5% after third quarter results exceeded analyst expectations. The company also raised its earnings and revenue guidance,
Comcast (CMCSA), the telecommunications and media group that owns Universal theme parks, reported third quarter adjusted EPS of $1.07, above the 98c consensus. Revenue reached
Procter & Gamble (PG), the consumer goods group behind brands including Tide and Pampers, reported fiscal first quarter adjusted EPS of $2.00, beating the $1.88
Deckers Outdoor (DECK), the footwear group behind Hoka and UGG boots, reported fiscal second quarter revenue of $1.48bn, below the $1.51bn consensus. Both brands’ revenue
Bloom Energy (BE), the fuel cell power systems provider, reported third quarter adjusted EPS of 94c, beating the 68c consensus. Revenue reached $1.24bn, above the
VeriSign (VRSN), the provider of domain name registry services, reported third quarter EPS of $2.35, below the $2.46 consensus. Shares fell almost 5%.
Western Digital (WDC), the data storage solutions provider, reported fiscal first quarter adjusted EPS of $4.64, above the $4.09 consensus. Revenue reached $4.38bn, exceeding expectations
Hermès (RMS), the European luxury brand, reported Q3 revenue growth of 4.3% to €4.1bn at constant exchange rates, below expectations for 5.2% growth. Leather goods
Super Micro Computer (SMCI), the server manufacturer supplying data centres and artificial intelligence infrastructure, surged 9% after raising its fiscal first quarter revenue outlook. The
United Airlines (UAL) rose 5% despite missing third quarter earnings and revenue expectations. Passenger numbers increased more than 2% year on year, while domestic passenger
AT&T (T), the US telecommunications operator providing mobile, broadband and business connectivity services, fell 6% despite beating third quarter earnings and revenue expectations. The company
Netflix (NFLX) fell almost 5% after narrowing its 2026 revenue outlook. It now expects full year revenue of $51.1bn, representing growth of 13% year on
SpaceX (SPCX) surged 10% after third quarter revenue increased 161% to $14.58bn. Investors also reacted to discussions about a potential merger with Tesla, with special
Alphabet (GOOGL) fell 2% after OpenAI announced that developers could access its models through Google Cloud. The agreement expands OpenAI’s distribution across the three major
Roivant Sciences (ROIV), the biopharma company, rose more than 4%. Its oral drug brepocitinib met the primary efficacy goals in two Phase 3 trials for
3M (MMM), the industrial, safety and consumer products manufacturer, reported adjusted EPS of $2.50, above expectations of $2.38. Shares rose 5% following the earnings announcement.
General Motors (GM) reported third quarter results above analyst expectations. It raised free cash flow expectations and narrowed its 2026 full year guidance. GM also
Equifax (EFX), the consumer credit reporting and data analytics company, reported adjusted EPS of $2.26, above expectations of $2.20. Revenue reached $1.69bn, in line with
Northrop Grumman (NOC), the defence contractor, reported third quarter sales up 7% to $11.12bn. EPS increased to $7.89 from $7.67, beating expectations of $7.18. Strong
Hasbro (HAS), the toymaker, reported third quarter revenue up 15% to $1.6bn. Adjusted EPS reached $2.90, supported by strong demand for Magic: The Gathering. Magic
Walmart (WMT) gained more than 2% after Deutsche Bank upgraded the retailer to a buy from hold. The bank expects improving incremental margins in 2027
Intuit (INTU), the financial software company behind TurboTax and QuickBooks, gained 6% after announcing its acquisition of Sequence. Sequence provides revenue management software, expanding Intuit’s
FMC Corporation (FMC), the agricultural chemicals manufacturer, plunged 32% after sharply cutting its third quarter revenue outlook. Revenue is now expected between $65m and $125m,
Interactive Brokers (IBKR), the electronic brokerage platform, fell 1% after adjusted EPS of $0.67 narrowly missed expectations of $0.68. Revenue increased to $1.91bn, exceeding the
ASML (ASML), the Dutch semiconductor equipment manufacturer, fell less than 1% after third quarter sales reached €11.66bn, slightly below expectations of €11.72bn. Net profit exceeded
Albemarle (ALB), the lithium producer and specialty chemicals company, rose 1% after Mizuho upgraded its rating from neutral to outperform. Analysts cited stronger than expected
BlackRock (BLK), the world’s largest asset management company, gained around 1% after adjusted earnings reached $15.93 per share, above expectations of $14.13. Assets under management
Bank of America (BAC), the US banking group, fell 7% after third quarter profit declined 17% to $0.91 per share. A $1.2 bn US Treasury
Bending Spoons (BSP), the Italian technology company that acquires and improves digital businesses, surged 40% after Berkshire Hathaway invested a further $330m. Berkshire’s total investment
UnitedHealth (UNH) reported adjusted EPS up 60.6% to $4.69, beating expectations of $4.38. Revenue declined 0.41% to $112.7bn, but exceeded forecasts of approximately $111.3bn. A
Domino’s Pizza (DPZ) shares fell 4.8% after it reported EPS up 12.75% to $4.60, beating expectations of $4.36. Revenue increased 3.48% to $1.19bn, above the
Johnson & Johnson (JNJ) shares slipped 5.7% after it reported Q3 adjusted EPS down 7.5% to $2.59, beating expectations of $2.53. Revenue increased 5.9% to
Goldman Sachs (GS) gained nearly 1% after reporting third quarter revenue of $18.68bn, up 23%, comfortably exceeding analyst expectations of $16.71bn. Goldman reported Q3 EPS
Wells Fargo (WFC) fell 1% after reporting mixed third quarter results. Earnings per share rose above expectations at $1.87, versus $1.85 forecast. Revenue came in
JPMorgan Chase (JPM) edged higher after raising its full year net interest income outlook. JPMorgan reported Q3 EPS up 10% to $5.57, below expectations of
Bumble (BMBL) surged 56% after Ithaca Holdings agreed to acquire the dating app company. The all cash deal values Bumble at $1.3bn.
Meta Platforms (META) advanced more than 2%, extending its rally for a second day. Investors welcomed the launch of its Muse Wonder artificial intelligence model.
Apple (AAPL) gained 1% after unveiling HomeView, its new smart home hub. Powered by Apple Intelligence and Siri, the device supports multiple household members. Facial
Salesforce (CRM) gained almost 2% after Bank of America upgraded the stock to buy from underperform. The bank believes artificial intelligence could deepen customer dependence
Biogen (BIIB) advanced nearly 4% after JPMorgan upgraded the stock to overweight from neutral. Several clinical trial readouts expected in 2027 were identified as potential
Meta Platforms (META) rose more than 3% after unveiling its new artificial intelligence model, Muse Wonder.
eBay (EBAY) gained more than 5% after Morgan Stanley named it a top pick and raised its price target to $132. The bank estimates livestream
Six Flags Entertainment (FUN) fell more than 10% in after hours trading following a fatal roller coaster incident at its Georgia park. One person died
Apple (AAPL) fell nearly 2% after Nikkei Asia reported weaker than expected demand for the iPhone 18 Pro. October production orders for the iPhone 18
Delta Air Lines (DAL) fell almost 2% after third quarter adjusted EPS of $1.72 missed expectations of $1.75. Revenue reached $17.59bn, below expectations of $17.67bn.
Teva Pharmaceutical Industries (TEVA) gained 6% after the FDA approved Weltruza, its monthly long acting injectable treatment for schizophrenia in adults.
SpaceX (SPCX) is expanding Starlink Mobile, increasing competition concerns for traditional telecom providers which fell for a second day. T Mobile (TMUS) fell 13%, while
PepsiCo (PEP) gained 3.7% after reporting adjusted EPS up 2.18% to $2.34, beating expectations of $2.29. Revenue increased 5.60% to $25.27bn, ahead of consensus estimates
Palantir Technologies (PLTR) gained over 2%, outperforming the broader market after Goldman Sachs upgraded the stock to Buy. Analysts highlighted growth opportunities from sovereign AI
In-depth analysis of local companies
Sappi, the pulp, paper and packaging producer, reported FY26 adjusted EPS down to a loss of 21 US cents, compared with earnings of 8 US
Purple Group expects FY26 HEPS to increase between 22.3% and 32.3%, to between 5.26c and 5.69c. Audited FY26 results are expected on 11 November 2026.
TFG, the clothing, footwear and homeware retailer, reported HEPS down 6.8% to 272.80c for H1 FY27. Revenue increased 0.10% to R31.4bn, while sales declined 0.4%
Shoprite increased sales by 6.4% for the four months ended October 2026. Supermarkets RSA sales grew 7.1%, while Non RSA sales increased 7%, with other
Mahube, an investor in renewable energy assets, received a firm cash takeover offer of R10.06 per share. The offer represents a 67.1% premium to its
PPC, the South African cement producer, expects HEPS to increase between 20% and 38% to between 30c and 34.50c for the six months ended September
Gold Fields reported attributable gold equivalent production down 2.6% to 605,000oz. AISC increased 26.2% to $1,965/oz, driven by higher royalties, stronger producer currencies, inflation and
Sibanye Stillwater reported adjusted EBITDA up 9.1% to R10.8bn. SA PGM production declined 10% to 458,202oz, while SA gold production fell 11% to 155,449oz. Higher
AngloGold reported Q3 headline earnings up 17.4% to 155 US cents per share. Revenue increased 7.8% to $2.56bn, supported by a 21.5% higher average gold
The automotive retailer and vehicle services group announced the passing of Group CEO Jebb McIntosh on 2 November 2026. McIntosh had served on the board
Goldrush, the investment holding company with exposure to lottery operations, faces uncertainty after the High Court set aside the award of the Fourth National Lottery
Omnia, the chemicals and fertiliser producer, expects interim HEPS to increase by between 18% and 28%, to between 378c and 410c. Interim results are expected
Santam, the short term insurer, will be acquired by majority shareholder Sanlam (SLM) for R505 per share in cash. The scheme requires shareholder and regulatory
Altron’s HEPS from continuing operations increased 14% to 109c, supported by stronger operating performance and improved earnings quality. Revenue increased 5% to R5.1bn, driven by
Invicta HEPS is expected to decline between -25% and -29% to between 189c and 199c. Earnings remain under pressure from challenging macroeconomic conditions across its
Gold Fields received environmental approval for its Windfall gold project in Québec, clearing the way for construction. The mine is expected to produce approximately 300,000
Grand Parade reported HEPS down 34% to 10.19c. Lower equity accounted earnings from gaming investments and impairment charges weighed on profitability. The company declared a
Nu World reported HEPS up 0.9% to 395.50c, despite challenging consumer conditions. Revenue declined 1.8% to R2.25bn, reflecting weaker discretionary consumer spending. Earnings remained resilient,
Northam’s attracted significant interest in its strategic review process. Expressions of interest have been received from South African and multinational companies. The process aims to
Datatec reported HEPS up 1.4% to 22.3 US cents. Revenue increased 13.9% to $2.02bn, while gross invoiced income advanced 18.0% to $4.84bn. Strong Westcon networking
Implats reported first quarter 6E production down 3.2% to 854,000 ounces. Refined and saleable production declined 8.1% to 763,000 ounces. Five fatalities, safety stoppages and
Glencore, the diversified mining and commodities group, reported year to date copper production up 3% to 598,600 tonnes. Production growth reflected improved copper grades and
Adcorp, the recruitment group, reported HEPS up 14.2% to 60.5c. Revenue declined 2.1% to R6.26bn, reflecting softer customer demand and lower margin business exits. Lower
Dis-Chem, the pharmacy retailer, reported HEPS down 12.8% to 64.3c. Revenue increased 8% to R23bn, supported by Better Rewards and new store openings. Higher operating
AB InBev, the global brewer behind Budweiser and Corona, reported underlying EPS up 22.4% to $1.21. Revenue increased 4.9%, supported by 4.2% higher revenue per
Finbond reported interim revenue down 3.4% to R878m for the six months ended August 2026. The company reported a headline loss of 5.90c, compared with
Valterra reported third quarter mined PGM production down 5% to 511,900 ounces, while total production fell 6% to 804,300 ounces. Lower output reflected safety stoppages,
ACL remains in advanced discussions with ArcelorMittal Group and the Industrial Development Corporation regarding a potential transaction. Certain conditions, including ministerial approval, remain outstanding, and
Zeder Investments (ZED) reported its headline loss per share narrowing to 2.80c, from 10.00c in the prior period. Net asset value per share declined 16.1%
PIK expects H1 FY27 HEPS loss to narrow 25% to 35%, from 59.77c to between 38.85c and 44.83c. The improved trading performance reflects profit growth
CANAL+ reported nine month revenue up 37.5% to €6.41bn, although like for like revenue declined 0.3%. MultiChoice contributed significantly following its acquisition, while revenue excluding
Cashbuild reported Q1 FY27 revenue up 1% year on year, while comparable store sales declined 1%. Existing store revenue fell 4%, partly offset by 5%
Clicks reported diluted HEPS up 4.4% to 1,422c for FY26, while revenue increased 5.4% to R50.4bn. Comparable retail sales grew 1.8%. Retail trading profit rose
Vunani reported HEPS up 62.1% to 15.40c, compared with the trading statement midpoint estimate of 15.35c. Revenue and insurance premiums increased 28.8% to R459.7m. Profit
CMH reported HEPS up 18.6% to 261c, below the trading statement midpoint of 269.50c. Revenue increased 6.6% to R8.1bn, while operating profit rose 13.9% to
Reinet Investments reported its fund NAV per share down 2.5% to €37.88 at 30 September 2026. Click here to read the SENS
Quilter reported year to date core net inflows up 31% to £8.9bn, nearing the full year 2025 total of £9.1bn. Assets under management and administration
Sasol reported Q1 FY27 operational progress, supported by higher prices amid the Middle East conflict. Secunda production declined following a planned phase shutdown, while mining
Famous reported HEPS down 3.2% to 228c, slightly below the trading statement midpoint of 228.5c. Revenue increased 2.3% to R4.34bn, supported by Leading Brands and
Labat, the diversified investment company, faces provisional winding up following a court order linked to a R20m debt owed to Hollard Insurance. The court dismissed
Combined Motor Holdings expects interim EPS to increase 20% to 25%, reaching between 264c and 275c for the six months ended 31 August 2026. Results
Tharisa, the platinum group metals and chrome producer, began receiving renewable electricity from Etana Energy in September 2026. Initial supply is expected to cover 10%
Datatec (DTC) expects underlying HEPS to increase 52.9% to 60.6%, reaching between 29.50c and 31.00c for H1 FY27. Earnings growth was driven by record adjusted
DRDGOLD, the SA gold recovery and tailings retreatment company, increased quarterly gold production 10% to 42,021 ounces. Revenue rose 31% to R2.95bn, supported by 14%
Kumba reported Q3 production down 19% to 7.50m tonnes. Sales increased 3% to 9.96m tonnes, supported by stockpile drawdowns during planned upgrades at Sishen. Production
Anglo American reported Q3 copper production down 5% to 174,900 tonnes and premium iron ore production down 4% to 13.80m tonnes. Manganese production increased 6%,
Karooooo, the owner of Cartrack and Karooooo Logistics, reported Q2 adjusted EPS up 12% to R9.28. Subscription revenue increased 20% to R1.42bn, while logistics delivery
Tharisa, the chrome and platinum group metals producer, agreed to sell 50% of its Tharisa Mine PGM concentrate to Valterra Platinum from January 2027. Northam
Famous Brands, the restaurant franchising group behind Steers and Debonairs Pizza, expects interim HEPS to range between 205c and 252c, representing a change of -13%
Mondi, the global packaging and paper producer, reported third quarter underlying EBITDA of €196m, down 12.1% year on year from €223m. Higher energy and wood
Vunani expects interim HEPS to increase +52% to +72%, reaching between 14.40c and 16.30c. Basic earnings per share are expected to rise +79% to +99%,
Equites, the logistics property REIT, reported HEPS up 67.2% to 88.90c for the six months to August 2026. Gross property revenue declined 10.1% to R1.5bn,
Fairvest, the retail focused property REIT, launched a share placement targeting approximately R500m. Proceeds will help fund strategic retail property acquisitions currently under negotiation. Click
Ninety One (N91) reported AUM down 1.4% to £181.4bn at 30 September 2026, from £184bn in June. Click here to read the SENS
Bytes reported HEPS up 6.1% to 12.76p for HY27. Revenue increased 18.7% to £128.30m. Growth across software, services and hardware supported results, although operating profit
ARI will defend legal proceedings brought by Assore concerning management rights and access to Assmang’s operational records. ARI considers the allegations to lack substantive merit
Standard Bank announced a strategic investment in OPay, a digital financial services platform operating primarily in Nigeria. The investment is expected to close alongside or
Boxer reported HEPS up 9.2% to 124.83c, supported by improved margins and other income growth. Turnover increased 6.3% to R24.10bn, with like for like volume
Grand Parade Investments expects FY26 HEPS to decline between 29% and 39%, to between 9.42c and 10.96c. EPS is expected to fall between 40% and
Raubex has advanced its review of strategic options for its investment in Bauba Resources. Options include selling part or all of its stake, although discussions
Jubilee, the Zambian copper producer, completed legal due diligence for the proposed $35m disposal of its Large Waste Project. The sale remains subject to technical
Prosus reported a return to order growth at Just Eat Takeaway in September, following 55 months of annual declines. Revenue growth at iFood’s non food
Woolworths has fulfilled all regulatory conditions for its acquisition of 100% of in2food, with completion expected next month. The deal is expected to be earnings
Sibanye reached a new wage agreement at its Stillwater East mine and Columbus facility. The agreement provides a 4.5% wage increase in year one, followed
Omnia, the chemicals and fertiliser group, agreed to be acquired for R134.50 per share in cash. The offer values Omnia’s issued share capital at R21.83bn
Afrimat, the diversified mining and construction materials group, expects EPS down between 95% and 100%, to between 0.1c and 5.2c. HEPS is expected to fall
Telemasters, the engineering and manufacturing group, reported HEPS up 334% to 4.69c for FY26. EPS increased 403% to 4.68c, from 0.93c previously. Click here to
AVI, the branded consumer goods group, received approval for its special dividend. The ordinary and special dividend timetable remains unchanged, with shares trading ex dividend
OUTsurance agreed to acquire the remaining 7.17% of OUTsurance Holdings. The share-for-share deal would issue new OUT shares worth approximately R10.16bn, based on the illustrative
Alphamin, the tin producer, kept quarterly production broadly steady at 5,030 tonnes. Q3 EBITDA guidance rose 2% to $171m, while AISC increased 8%. Higher tin
Hammerson appointed Gina Szymanski as CFO and a board director. She joins from AEW Capital Management, where she is Global Securities CIO. Szymanski brings more
Sirius increased its rent roll 11.3% year on year for the half year ended 30 September 2026. Rent roll improved 5.1% on a like for
Karooooo will report second quarter 2027 results on 19 October 2026. The results cover the three months ended 31 August 2026. Management will host an
Sanlam agreed to acquire the remaining 37.3% of Santam shares it does not own for R505.00 each. The offer represents a 26.6% premium to Santam’s
Glencore expects full year Marketing Adjusted EBIT above $5bn, versus previous guidance of $4.90bn. The updated long term guidance midpoint is approximately $3.5bn. Higher readily
Insimbi Industrial Holdings (ISB) expects HEPS up between 444.6% and 464.6%, to between 4.48c and 4.74c, versus a headline loss of 1.30c last year. Interim
Santova expects HEPS up between 55.4% and 60.4%, to between 55.46c and 57.24c. Earnings benefited from Seabourne’s full period contribution, and stronger trading and freight
MTN will pay $202m for new 5G spectrum in Ghana. The licences cover 700 MHz and 3 GHz bands for 15 years. MTN Ghana expects
MTN said the US District Court denied requests to reconsider earlier rulings in the Zobay case which allege that MTN aided and abetted terrorist attacks
Texton, the SA and UK property group, reported HEPS up 1,404% to 9.20c from 0.61c driven by lower property related and other non cash adjustments.
Argent repurchased 30,128 shares for R1.19m. The shares were bought at R39.00 under the 2025 authority and R39.50 under the 2026 authority. The repurchases were
Rex Trueform (RTO, RTN) reported HEPS down 48.7% to 66.10c for FY26. Revenue increased 9.3% to R954.50m, while gross profit margin declined to 53.7%. Operating
African and Overseas Enterprises reported HEPS down 67.7% to 35.60c for FY26. Revenue increased 9.3% to R954m while Operating profit tumbled 24.6% to R55.8m. The
Putprop reported HEPS up 10.3% to 67.10c for FY26. Rentals and recoveries declined 1.6% to R138.16m. Operating profit fell 8.9% to R82.30m, while the cost
Altron expects HY27 group HEPS up 21% to 27%, to between 105c and 110c. Growth reflects the absence of Nexus in HY27, alongside continued operations
Fairvest will host a pre close and operational update for FY26 today. The conference call will be hosted at 11:00. Management will discuss operations and
Oceana reported revenue broadly unchanged for 11 months, with operating profit higher. Lucky Star sales volumes fell 5%, mainly due to a 9% decline in
Harmony announced a $500m convertible bond offering due 2031. The bonds will carry a coupon between 1.50% and 2.00% annually. Proceeds will support general corporate
Investec’s pre-close briefing showed the company expects HEPS up between 4% and 8%, to between 38.1p and 39.7p. Adjusted EPS is expected up between 3%
Alexforbes agreed to repurchase 28.7% of its shares from Prudential Financial for R6.75 per share. The R2.52bn repurchase will be funded through cash and R2.1bn
NEPI agreed to sell Ozas shopping centre in Lithuania for €200m. Net proceeds of €179m represent a 13% premium to its June IFRS net asset
Crookes Brothers agreed to sell its Mozambique macadamia operations for $2.00 in cash. MML and MFL reported a combined loss of R300.80m for FY26, with
Remgro reported HEPS up 42.2% to R20.03, above the guidance midpoint of R20.01. Headline earnings rose 42.3% to R11.14bn. Growth was driven by stronger Mediclinic,
Optasia reported HEPS up 50% to 2.79 US cents for H1FY26. Revenue increased 58% to $185.3m, driven by stronger activity across emerging markets. Mobile Financial
Jubilee increased copper production 225% to 3,739t in FY26. Growth was driven by Roan’s higher output and Molefe Mine starting production. Final copper products for
Choppies expects HEPS down between 54% and 44%, to 3.7t and 4.5t. Profitability was pressured by weaker Botswana consumer spending and higher costs. Higher oil
Pepkor expects FY26 HEPS between 155.7c and 171.8c, down between 3% and 7%. Group revenue increased 11.9% to R89.2bn, or 7.3% excluding acquisitions. Growth was
Trellidor reported HEPS down 154.9% to a loss of 17.3c. Revenue declined 20.3% to R293m, reflecting weaker trading across continuing operations. Lower revenue drove the
Omnia said it is in advanced discussions regarding a potential offer for all shares. No agreement has been reached, and there is no certainty a
Pan completed the definitive feasibility study for its Soweto Tailings Retreatment project. The project targets 35,000 to 40,000oz of annual gold production, with LOM AISC