Offshore
Anheuser-Busch InBev (BUD)
Anheuser-Busch InBev (BUD) rose about 9% after reporting EPS of $0.97 vs $0.89 expected and revenue of $15.27bn vs $14.87bn expected, reflecting strong operating performance.
6 May 2026
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In-depth analysis of offshore companies
Anheuser-Busch InBev (BUD) rose about 9% after reporting EPS of $0.97 vs $0.89 expected and revenue of $15.27bn vs $14.87bn expected, reflecting strong operating performance.
Advanced Micro Devices (AMD) rose about 7% after issuing Q2 revenue guidance of $11.2bn, above expectations of $10.52bn, alongside a Q1 beat.
Cytokinetics (CYTK) surged 17% after positive Phase 3 trial results for aficamten, showing clinically meaningful improvement in patients with which a form of heart disease
DuPont (DD) gained nearly 8% after beating expectations and raising full-year guidance to EPS between $2.35 and $2.40. The company also announced a $275m share
Shopify (SHOP) fell almost -15% after guiding for slower revenue growth, expecting a high twenties percentage rate vs 34% previously, alongside softer gross profit growth.
Tyson Foods (TSN) shares rose about 3% after the company reported better-than-expected earnings and revenue for the quarter, indicating resilient demand across its food product
Norwegian Cruise Line (NCLH) fell about 8% after the company cut its full-year and second-quarter guidance, citing rising fuel costs linked to geopolitical tensions. This
Reddit (RDDT) jumped nearly 13% after the company reported first-quarter daily active users slightly above expectations and issued stronger-than-expected guidance for adjusted EBITDA in the
Atlassian (TEAM) shares rose sharply by about 23% after the software collaboration business delivered strong third-quarter results and upgraded its full-year outlook. It now expects
Roku (ROKU) gained after the streaming provider reported first-quarter revenue and adjusted EBITDA above analyst expectations. In addition, Roku issued optimistic guidance, indicating that revenue,
Berkshire Hathaway (BRK.B) held its annual shareholder meeting, Greg Abel took a leading role as CEO while Warren Buffett remained involved as chairman and endorsed
Estée Lauder (EL) jumped 4% after the company posted stronger-than-expected third-quarter results and raised its full-year outlook. Earnings and revenue both exceeded estimates, and management
Apple (AAPL) rose about 4% after the company reported fiscal second-quarter earnings and revenue that beat expectations. However, iPhone sales fell short of estimates for
Cboe Global Markets (CBOE) rose 9% following better-than-expected first-quarter results and the announcement that the company will cut approximately 20% of its workforce. Adjusted earnings
KLA Corp (KLAC) fell 10% as guidance disappointed, with EPS expected between $8.87 and $10.87 versus $9.80 expected, despite revenue guidance slightly ahead.
Alphabet (GOOGL) surged 7% with EPS and revenue ahead of expectations, as revenue reached $109.90bn versus $107.20bn expected, driven by Google Cloud revenue up 63%
Microsoft (MSFT) reported EPS of $2.94, ahead of expectations of $2.82, with revenue up 17.0% to $61.90bn, above estimates of $60.80bn, driven by Azure and
Amazon (AMZN) gained 4% with EPS of $2.78 and revenue of $181.52bn both well ahead of expectations, supported by strong retail and cloud performance, despite
Meta Platforms (META) fell 6% despite a revenue beat, as user growth missed expectations and capex of $19.84bn came in below forecasts, although full year
Qualcomm (QCOM) surged 13% with EPS of $2.65 ahead of $2.56 expected, supported by new data centre chip shipments to a large hyperscaler.
Carvana (CVNA) rose over 8% after stronger unit sales of 187,393 beat expectations and guidance pointed to record volumes and EBITDA.
Chipotle Mexican Grill (CMG) gained as like for like sales rose 0.5%, ahead of expectations for a 0.7% decline, indicating resilient demand.
Sprouts Farmers Market (SFM) rose 5% after beating on EPS and revenue and raising full year EPS guidance to between $5.32 and $5.48.
Robinhood (HOOD) plunged 14% with EPS of $0.38 and revenue of $1.07bn both missing expectations, signalling weaker activity.
Starbucks (SBUX) surged over 8% after raising guidance, now expecting same store sales growth of at least 5% and EPS between $2.25 and $2.45.
Teradyne (TER), a supplier of semiconductor test equipment, dropped 16% despite EPS of $2.56 and revenue of $1.28bn both beating expectations, suggesting concerns around outlook.
NXP Semiconductors (NXPI) surged nearly 25% with EPS of $3.05 and revenue of $3.18bn ahead of expectations, alongside strong forward guidance.
Visa (V) gained 9% with EPS of $3.31 and revenue of $11.23bn beating expectations, supported by strong payments volumes.
Generac (GNRC) surged nearly 15% with EPS of $1.80 and revenue of $1.06bn both ahead of expectations, although capex was higher than expected.
Etsy (ETSY) gained nearly 8% with EBITDA of $184.7m and revenue of $631.3m both ahead of expectations.
Rocket Companies (RKT) rose more than 8% to $20.37. RKT’s CEO said mortgage loan volume surged to the highest level in four years.
Novo Nordisk (NVO), the obesity drug maker, fell -13% to $48.85. It warned fiscal 2026 adjusted sales will decline between 5% and 13%. Lower US
SpaceX merged with xAI, Elon Musk’s AI company. Musk cited space-based data centres powered by constant solar energy to scale AI compute. The combined entity
Disney (DIS) dropped 7.32% to $104.92 despite beating Q1 expectations. The experiences division warned of modest growth from fewer international visitors, higher costs for new
Meta Platforms (META) jumped 8%. First-quarter sales guidance is between $53.5bn and $56.5bn topping expected $51.41bn. Fourth-quarter EPS of $8.88 beat $8.23 consensus. Revenue of
Microsoft (MSFT) dropped 12%. Fiscal second-quarter adjusted EPS of $4.14 beat expected $3.97. Revenue of $81.27bn topped $80.27bn consensus. Cloud growth slowed. Third-quarter operating margin
Lockheed Martin (LMT) rose 5%. Fourth-quarter EPS of $5.80 beat expected $5.70. Revenue of $20.32bn topped $19.85bn consensus. Full-year EPS guidance exceeded expectations
IBM reported adjusted EPS of $4.52 versus consensus of $4.31. Revenue came in at $19.69bn against estimates of $19.21bn. Software segment sales reached $9.03bn beating
Texas Instruments (TXN) guided Q1 EPS between $1.22 and $1.48 and revenue between $4.32bn and $4.68bn beating consensus. Fourth-quarter earnings and revenue missed estimates slightly.
USA Rare Earth, the rare-earths miner, climbed 15% after the Trump administration backed a $1.6bn funding package including a stake. The deal involves issuing 16.1m
GameStop, the video game retailer, rose almost 7% after Michael Burry disclosed recent share purchases. Burry, known for his housing crisis bet, called it a
ImmunityBio, the biotech focused on cancer treatments, jumped 28% on top of a prior 30% gain, driven by upbeat full-year revenue guidance for its bladder
Major US airlines such as Delta Air Lines (DAL), American Airlines (AAL), JetBlue (JBLU), United Airlines (UAL), and Frontier (ULCC) climbed on a plunge in
Beyond Meat (BYND), the plant-based food company gained after launching Beyond Immerse, a new line of protein seltzers with flavors like peach mango, lemon lime,
Salesforce dropped 7% after Anthropic launched Cowork, an autonomous AI agent for office tasks. The tool automates workflows and file management using Claude. It raised
Boeing rose after delivering 600 commercial jets in 2025, up 72% from the prior year. The company outsold Airbus on net orders for the first
L3Harris Technologies gained on a Defense Department deal to boost solid rocket motor capacity. The partnership includes $1 bn in government convertible preferred investment. An
JPMorgan Chase fell after investment banking fees dropped 5% to $2.35 bn in Q4 2025. This missed the firm’s own guidance for low single-digit growth
Alibaba (BABA) jumped 10.17% while Meituan and JD.com (JD) gained sharply after China’s anti-monopoly committee started investigating food delivery price wars.
American Eagle (AEO) slumped as its Q4 same-store sales midpoint fell short of Wall Street forecasts.
Abercrombie (ANF) cratered 17.70% after narrowing the top end of its Q4 sales and earnings guidance.
Alphabet (GOOGL) rose 1.00% as Apple (AAPL) chose Google’s Gemini model for a multiyear deal to power the revamped AI Siri.
Tempus AI (AITEM), the healthcare technology firm focused on AI-driven precision medicine and diagnostics, soared 4.41% after announcing preliminary Q4 sales ahead of estimates with
SpaceX plans an IPO in late 2026 per a report from The Information. The rocket firm eyes listing the whole company including Starlink. A share
Ulta Beauty the cosmetics retailer lifted full year sales view to $12.3bn. This tops the prior $12bn to $12.1bn range. Like for like sales expected
Netflix shares fell after announcing a deal to buy Warner Bros Discovery’s studios and streaming for $27.75 per share. The $82.7bn transaction faces antitrust scrutiny
Asana (ASAN), the work management and collaboration software provider, beat Q3 estimates with revenue up 10% to $201m. Adjusted EPS rose to 7c versus 6c
Okta (OKTA), the identity and access management software company, beat Q3 estimates with revenue up 15% to $742m. Adjusted EPS rose to 82c versus 76c
Alexandria Real Estate Equities, the life-science REIT owning lab and office buildings, slashed its quarterly dividend 45% to 72c from $1.32. Shares dropped 8.3%. The
Airbus dropped 3.2% after a report of quality issues with A320 family jets. Deliveries paused for inspections. 2025 guidance reaffirmed at 820 deliveries.
Thor Industries, the RV manufacturer, kept FY26 EPS guidance $3.75 to $4.25. Shares fell 7%. Revenue outlook $9bn to $9.5bn disappointed. Q4 revenue up 5%
Microsoft, the Windows and Azure cloud giant, dropped 2% after denying a report it lowered AI sales targets. The company runs the world’s largest cloud
Marvell Technology, the data infrastructure chip maker, reported Q3 revenue up 37% to $2.08bn. Adjusted EPS rose to 76c versus 73c expected. AI demand drove
American Eagle Outfitters, the teen clothing retailer, raised its Q4 outlook after Q3 earnings beat expectations. Shares rose 14%. Comparable sales grew 4%. Full-year EPS
Netflix (NFLX) declined 5% as investors await its bid amount for Warner Bros Discovery. Reuters reported a mostly cash offer.
Apple filed a constitutional challenge in Delhi High Court against India’s 2024 antitrust penalty law. The rule allows fines up to 10% of global turnover,
Eli Lilly shares fell 2.6%, dragging healthcare sector down 0.5%. Q3 revenue was up 27% to $11.4bn on Mounjaro and Zepbound demand. Adjusted EPS rose
CME Group suffered a multi-hour outage on Black Friday from cooling failure at CyrusOne data center. Trading halted in FX, commodities, stocks and Treasuries futures.
Moderna dropped 6.3% after an internal FDA memo reportedly linked its Covid-19 vaccine to the deaths of ten children.
Joby Aviation fell 6.6% as Goldman Sachs started coverage with a Sell rating and $10 target, calling the valuation too rich despite its lead in
MicroStrategy shares cratered 11.4% after cutting its year-end bitcoin forecast to between $85,000 and $110,000 and raising $1.44bn to create a dollar reserve instead of
Meta Platforms is in talks to buy billions in Google AI chips. Shares climbed 3.8% to $635.80. Potential shift from Nvidia aids margins. Custom chips
Dick’s Sporting Goods (DKS) reported a revenue beat, up 3% to $4.17bn for Q3 FY25. EPS fell to $2.07 versus $2.71 expected. Comparable sales up
Abercrombie & Fitch (ANF) posted revenue up 7% to $1.30bn for Q3 FY25. Adjusted EPS climbed to $2.36 versus $2.16 expected. Hollister sales rose 16%.
Carvana, the used car retailer, upgraded to outperform by Wedbush with $400 target. Shares rose 6.8% to $332.89. Recent 13% drop seen as overdone.
Iris Energy, the renewable bitcoin miner, got JPMorgan price target hike to $39. Microsoft cloud deal worth $9.7bn drives optimism. Expansion to 660MW capacity by
Cipher Mining, the bitcoin miner, received an upgrade to overweight from JPMorgan with $18 target. Shares surged 17.8% to $17.14. The firm sees miners shifting
Alibaba (BABA), the e-commerce leader, relaunched its Qwen AI app, which hit 10m downloads in one week. Qwen aims to rival global chatbots like ChatGPT.
Alphabet, the search and cloud giant, announced a multi-million-dollar contract with NATO for AI-enabled sovereign cloud services. The deal highlights growing demand for secure cloud
Azenta, the lab equipment provider, reported revenue up 6% to $159m for Q4 FY25. EPS advanced to 21c, topping estimates of 19c on multiomics growth.
Bath & Body Works, the personal care retailer, posted revenue flat at $1.59bn for Q3 FY25. EPS missed at 35c versus 39c expected on soft
Ross Stores, the off-price retailer, saw revenue rise 10% to $5.6bn for Q3 FY25. EPS advanced to $1.58, exceeding estimates of $1.42 on 7% comparable
Gap, the apparel retailer, posted revenue up 3% to $3.94bn for Q3 FY25. EPS reached 62c, beating estimates of 59c with same-store sales up 5%.
Intuit, the financial software provider, delivered revenue up 18% to $3.9bn for Q1 FY26. EPS climbed to $3.34, topping forecasts of $3.09 amid AI tool
Walmart, the retail giant, reported revenue up 5.8% to $179.5bn for Q3 FY26. EPS advanced to 62c, above estimates of 60c on strong e-commerce and
Cloudflare shares tumbled as global outages hit platforms including X and ChatGPT. Network disruption drove uncertainty as investors reacted to operational risk concerns.
Medtronic rose +6% after Q2 EPS of $1.36 beat the $1.31 estimate on revenue of $8.96bn vs $8.87bn expected. Strength came from medical-surgical and neurosurgery
Apple’s (AAPL) board is reportedly preparing a succession plan for CEO Tim Cook, who could retire as early as next year after nearly 15 years
Dell Technologies (DELL) fell after Morgan Stanley issued a rare double downgrade to underweight, warning of cyclical hardware weakness and margin pressure.
Alibaba (BABA) unveiled Qwen App, its ChatGPT-style AI assistant for China, expanding its consumer AI ecosystem and integrating it across its e-commerce platforms.
Lithium producers Albemarle, Sigma Lithium, Lithium Argentina, and Lithium Americas advanced after Ganfeng Lithium’s chair projected global lithium demand to rise 30% in 2026, signalling
Micron (MU) benefited from reports that Samsung raised memory-chip prices by as much as 60% since September. The move supports improving supply-demand dynamics across the
Nu Holdings (NU) delivered Q3 net income of $782.7 million on $4.17 billion in revenue, beating analyst expectations of $774.8 million and $3.52 billion. Growth
Google (GOOGL) announced a $40 bn investment to build three Texas data-centre campuses by 2027, its largest U.S. capital commitment. Berkshire Hathaway disclosed a new
Circle Internet fell 4% despite reporting Q3 EPS of 64c on revenue of $740m, beating expectations of 22c on $707m. The stablecoin issuer said it
Oklo rose 4% after extending its collaboration with the Idaho National Laboratory. The partnership aims to advance commercial deployment of small modular nuclear reactors.
Advanced Micro Devices jumped 9% after outlining ambitious growth targets at its Financial Analyst Day. Management projected data centre revenue to rise 60% annually over
BigBear.AI (BBAI) advanced 5% after announcing plans to acquire Ask Sage, a generative AI platform. Shares extended gains from earlier in the week following upbeat
On Holding surged 8% after raising its guidance for a third consecutive quarter and beating on both revenue and earnings. The Swiss athletic shoemaker said
Cisco gained 7% in extended trade after reporting fiscal Q1 EPS of $1, above estimates of 98c, on revenue of $14.88bn which also beat expectations
In-depth analysis of local companies
Karooooo to report 4th Quarter and Full Year 2026 Financial Results on May 13, 2026. Click here to read the SENS
Aspen announced it will begin commercial release of locally manufactured human insulin in SA, following regulatory approval. Click here to read the SENS
KAL Group (KAL) expects HEPS and recurring HEPS to rise more moderately by ~10% to 17%. The underlying performance was driven by revenue growth across
Vodacom expects EPS and HEPS to increase by 20% to 25%. This implies HEPS of 1,028 to 1,071 cents. Full results are expected around 11
Aspen the company announced that Reginald Haman will resign as Executive Director and Group Chief Corporate Officer, stepping down from the board in May 2026
Santova expects a decline in earnings for the year ended February 2026, with EPS forecast between 102.56c and 108.32c and HEPS between 103.82c and 109.59c,
Clientèle has proposed a delisting from the JSE combined with a conditional share buyback offer to shareholders at approximately R19.90 per share. Shareholders can either
Alphamin declared a final FY25 dividend of CAD$0.13 per share, equivalent to 157.2c, implying a total payout of about $122m. The payment will be made
Merafe reported ferrochrome production down -95.0% to 3kt in Q1, while chrome ore production rose 3.0% to 214kt, with the sharp decline driven by the
CMH reported HEPS up 33.0% to 536.4c for FY26. Revenue increased 18.6% to R15.71bn. Growth was driven by strong vehicle sales, improved operating profit up
FirstRand confirmed it will not challenge the UK motor commission redress scheme, despite viewing it as unfair, citing limited industry support and the risk of
RMB Holdings RMH saw AttBid acquire an additional 2.94m shares at R0.47, increasing its combined stake with Atterbury Property Fund to 43.63%, as it progresses
Rainbow Chicken expects HEPS up between 94.9% and 114.9% to between 69.46c and 76.59c for the six months to 28 December 2025. Better agricultural performance,
Sappi reported revenue down 6% to $1.29bn for the quarter to December 2025. Adjusted EBITDA fell 56% to $90m. Headline EPS turned to a loss
Trading update: Vodacom reported revenue up 11% to R43.9bn for the quarter to 31 December 2025. Group service revenue advanced 12.7% to R34.6bn. Egypt service
Mpact plans to close the Springs paper mill by March 2026 after section 189A process. Mill faces 20% cost gap to imports and lost a
Datatec acquired Maple Woods to boost Logicalis USAs managed security services. Maple Woods adds cybersecurity expertise. It supports expansion in US sectors. Click here to
Southern Sun plans to buy 50% stake in Sandton Towers, Garden Court Sandton City and Sandton Convention Centre for R735m cash. Pareto takes the other
Glencore entered a non-binding MOU for US-backed Orion CMC to buy 40% stake in its DRC assets Mumi and KCC at $9bn enterprise value. Orion
Hyprop reported SA tenants turnover up 5% and trading density up 7.5% for six months to 31 December 2025. Foot count rose 1.9% and vehicle
Super Group expects HEPS from continuing operations up between 23.6% and 31.8% to between 150c and 160c for the six months to 31 December 2025.
TFG saw group sales up 7.5% to R49bn for the nine months to 27 December 2025. Like-for-like sales grew 1.2% in Q3 for TFG Africa
Impala expects HEPS up between 392% and 411% to between 1015c and 1054c for the six months to 31 December 2025. Stronger USD PGM basket
Shoprite saw sale of merchandise from continuing operations rise 7.2% to R136.8bn for the six months to 28 December 2025. Supermarkets RSA grew 7.1%. Like-for-like
Pepkor reported group revenue from continuing operations up 12.9% to R29.9bn for the three months to 31 December 2025. Excluding acquisitions, revenue grew 8.3%. Like-for-like
Impala expects gross 6E refined & saleable production stable at 1.78m ounces for the six months to December 2025. Group 6E production rose 0.8% to
Ninety One announced that its acquisition of Sanlam Investment Management Proprietary Limited is expected to complete today. The deal creates a 15-year strategic relationship with
ACL expects HEPS up between 31% and 41% to between a loss of R2.68 and R3.18 from a loss of R4.58 last year. The improvement
Mr Price reported retail sales up 3.6% to R15.1bn for the 13 weeks to 27 December 2025. Comparable store sales rose 0.5%. South African sales
Vukile announced the disposal of its retail parks portfolio in Spain for €279m in cash. The buyer is an entity linked to Ares Management funds.
Spear’s distributable income per share was up 5.71% to 74.88c for the ten months to December 2025. Revenue excluding smoothing grew 21.59% to R674.5m, driven
Cashbuild saw group revenue rise 1% in Q2 FY2026 compared to last year. Like-for-like sales at existing stores fell 2% in Q2, while transactions grew
Pan reported gold production up 51% for H1FY26. Full-year guidance between 275,000oz and 292,000oz. AISC higher than full-year guidance at between $1,825/oz and $1,875/oz, hit
Coronation Fund Managers reported total assets under management at R786 bn as at 31 December 2025. This update follows September 2025 AUM of R761 bn.
Quilter delivered record core net inflows up 21% to £2.4 bn in the fourth quarter to December 2025. Group AuMA grew 5% in the quarter
Alphamin, the DRC tin miner said contained tin production was up 7% to 18,576 tonnes for FY2025. This beat the revised guidance range of 18,000
Hyde Park Corner’s planned disposal of a 50% undivided share in the property to a subsidiary of Millennium Equity Partners has been terminated because the
Aveng (AEG), says Scott Cummins retires as Group Chief Executive and director on 30 January 2026. David Simpson takes over as Interim Group Chief Executive
Refined PGMs from own operations was up 3.7% to 467,818 oz 4E in H1 F2026 compared to H1 F2025. Chrome concentrate production rose 14.8% to
Tharisa reported Q1 FY2026 production with 6E PGMs at 38.8 koz, down 6.1% quarter on quarter due to planned lower mine volumes and seasonal factors.
Grindrod advised that the Maputo Port Development Company, where it holds an indirect 24.7% stake, handled a record 32m tonnes in 2025, up 3.4% from
Aspen announced a proposed divestment of its Asia Pacific operations (excluding China) to Australian private equity firm BGH Capital for R26.5 bn. A live webcast
Karooooo will release its 3rd quarter 2026 results on Tuesday, January 20, 2026. Click here to read the SENS
Glencore is in discussions with Rio Tinto regarding a possible combination of some or all of their businesses. Under UK takeover rules, Rio Tinto must
Stor-Age, the self storage operator, closed its R500m equity raise via accelerated bookbuild. Demand was oversubscribed by three times with 27.93m shares placed at R17.90
BHP, the global miner, won Federal Court approval for its A$110m settlement of the Australian Samarco shareholder class action. The payout covers interest and costs
Aveng Limited, the engineering group, decided to retain its McConnell Dowell construction unit after exploring separation options. McConnell Dowell secured new Australian work worth over
RMB reported headline loss per share of 1.4c for the year to 30 September 2025. Revenue fell to R86m from R57m. The wider loss per
Stor-Age Property REIT the self-storage specialist, launched a R500m accelerated book build to fund SA and UK acquisitions and development pipeline under its 2030 strategy.
Hyprop Investments, the shopping centre REIT, raised R400m via oversubscribed book build at R54.50 per share, a 3.2% premium to 30-day VWAP. Proceeds for development
Sappi signed a non-binding agreement to combine its European graphic paper business with UPM in a 50/50 JV valued at €1.42bn. Sappi contributes four mills,
Nedbank Group reported headline earnings growth in line with expectations for the ten months to 31 October 2025. Net interest income rose low-to-mid single digits.
Araxi (AXX), the payments and software group, is in advanced talks to acquire a controlling stake in a meaningful payment services business. The deal would
Hyprop, the shopping centre REIT, launched a R300m capital raise via accelerated book build under general authority. Proceeds will be used for organic growth, capex
Merafe, the ferrochrome producer, issued formal retrenchment notices after Eskom’s latest tariff proposal failed to save Boshoek and Wonderkop smelters. Both plants go on care
Equites, the logistics REIT, raised R712m via an oversubscribed accelerated book build. It issued 41.3m new shares at R17.25, a 1.3% discount to the 30-day
FirstRand said H1 FY26 performance is tracking in line with September guidance. Banking revenue is growing mid-to-high single digits, credit loss ratio sits in the
Remgro reported adjusted earnings up 91% to 16c for H1 FY26 at Mediclinic Holdings level. Revenue rose 10% to $2.6bn. Volume growth and efficiency gains
Standard Bank Group gave a voluntary trading update for the ten months to 31 October 2025. Banking revenue grew mid-to-high single digits. Credit loss ratio
Equites, the logistics REIT, announced an accelerated book build to raise capital via new shares. The bookrunner is Java Capital . Pricing and allocation to
Curro Holdings, the private education group, announced that the South African Competition Commission has approved and recommended the R7.2bn takeover to the Competition Tribunal, conditional
Mantengu terminated negotiations to acquire an indirect controlling stake in Kilken Platinum via New Salt Rock City with immediate effect. The cautionary announcement is withdrawn
KAL Group posted revenue down 6.6% to R20.3bn for FY25, hit by fuel price deflation. Recurring HEPS climbed 11.2% to 624c, inside the guided 7%
Life Healthcare delivered revenue up 6% to R25.1bn for FY25. Normalised EPS rose 10.1% to 100.3c, in line with guidance of 7% to 12% growth.
Tsogo Sun reported income down 1% to R5.56bn for H1 FY26. HEPS edged up 1% to 74c. Softer gaming volumes weighed on EBITDA which fell
Nampak expects continuing HEPS up more than 100% to between 10,100c and 10,700c for FY25 versus 3,361c last year. Interest savings of R369m, pension surplus
Nedbank Group announced a confidential commercial settlement with Transnet, agreeing to pay R600m without admission of liability to avoid lengthy litigation over the 2015/2016 interest
Ascendis Health, the health and consumer products firm, announced a delisting offer at R0.97 per share, approved by 93% of shareholders. The deal, funded by
Zeda, the vehicle rental and leasing group, saw revenue rise 1.7% to R10.6bn for FY25. HEPS climbed 15.7% to 361c. Leasing expansion and higher utilisation
Pepkor Holdings reported revenue up 12% to R95.3bn for the year to 30 September 2025. Like-for-like sales rose 6.5%, supported by market share gains in
PPC (PPC) reported HEPS up 14% to 25c for H1 FY26, in line with guidance midpoint of 24.6c. Revenue grew 6% to R5.4bn. Volume recovery
Netcare (NTC) delivered HEPS up 18% to 134c for FY25. Revenue advanced 4.5% to R26.3bn supported by higher patient activity & tight cost control. Lower
Invicta Holdings posted HEPS up 15% to 265c for H1 FY26. Revenue increased 6% to R4.2bn. Acquisitions and efficiency gains supported profits. Click here to
BHP (BHG) ended pursuit of a combination with Anglo American. Focus shifts to organic growth strategy. Click here to read the SENS
Naspers reported core HEPS up 24% to 215c for H1 FY26, exceeding the midpoint of guidance at 200c. Revenue rose 20% to $4.1bn driven by
Hammersons, the UK/Ireland shopping-centre REIT, acquired the remaining 50% of The Oracle, Reading for £104.5m (8.9% stabilised yield, ~5% accretive to FY26 EPRA earnings). Upgraded
Jubilee, the Zambia copper producer, said Q1 FY26 copper production was up +65% to 938t (Q4 FY25: 568t) with zero material power outages. Roan concentrator
SPAR, the grocery wholesaler & retailer, issued a trading statement for FY25 (52 weeks to 26 Sep 2025). Continuing ops comparable HEPS down 7.5% to
Netcare, the hospital operator, expects HEPS up 17% to 20%, to between 132.2c and 135.6c for FY25. Adjusted HEPS up 19% to 22%, to between
Reunert, the engineering and tech group, posted revenue down 2% to R13.9bn for FY25. HEPS fell 5% to 649c, in line with consensus estimates of
City Lodge Hotels, the budget hotel chain, reported revenue up 3% to R2bn for FY25. EPS grew 40% annually over three years, with profit up
Argent, the industrial group, H1 FY26 revenue +12.4% to R1.42bn, operating profit +11.4% to R195m. HEPS +13.3% to 261.7c, NAV/share +11.9% to 3,654.9c. Interim dividend
Investec, the specialist bank & wealth manager, H1 FY26 adjusted EPS +2.5% to 40.5p, HEPS +0.3% to 36.7p. Revenue broadly flat at £1.1bn, cost-to-income 51.9%
Mr Price, the fashion-value retailer, H1 FY26 revenue was up +5.4% to R18.6bn, retail sales gained +5.5% to R17.8bn with comparable sales +2.1%. HEPS were
WeBuyCars (WBC) FY25 revenue +13.1% to R26.4bn, headline earnings +>100% to R937.6m (224.6c/share). Units sold +8.4% to 179,006, & core HEPS +3.3% post new share
Astral Foods (ARL) FY25 revenue +10% to R22.6bn, EBIT +11% to R1.25bn, & HEPS +14% to 2,193c, slightly above midpoint guidance. Cash from operations +20%,
Barloworld (BAW) FY25 revenue fell 10% to R38bn, with HEPS down 21% to 810c, in line with guidance. NAV/share up 3.9% to 9,141c, & net
Sirius Real Estate (SRE) H1 profit after tax +57% to €87m, rent roll +15.2% to €242.5m, & FFO +6.6% to €64.7m, consistent with the prior
Ninety One (N91) AUM up 19% y/y to £152.1bn; net inflows £4.3bn (incl. £1.9bn Sanlam UK take-on). Adj. operating profit +12% to £99m, margin 32.1%,
Naspers (NPN) expects H1 FY26 core HEPS up 20.8% to 27.8%, & HEPS up 5.6% to 12.6%. Growth reflects stronger ecommerce profitability and Tencent contributions,
MTN Q3 service revenue up 25.9% (22.6% constant currency) with data +40.3%, fintech +35.7%, & total customers rising 5.8% to 301.3m. EBITDA margin expanded 6.7%
CMH announced a voluntary pro rata share repurchase of up to 11.22 m shares (15% of issued capital) at R35.50 per share. The offer opens
Richemont H1 25 group sales rose 10% (constant FX) to €10.6 bn, as all regions recorded double-digit Q2 growth. HEPS up 5% in euro terms
RFG guided HEPS down between 8% and 13% to between 204.4c and 193.3c. The decline was driven by weak canned meat volumes, a R105m impairment,
Harmony reported revenue up 20% to R21.70bn supported by a 34% increase in the average gold price to $3,209 per oz. AISC increased 15% to
Stefanutti expects continuing HEPS up 45% to 65% to 41.18c to 46.86c. Total HEPS are expected to be up 150% to 170% to 33.08c to
Woolworths group turnover and concession sales were up 6.2% (6.8% constant currency). Food sales rose 7.7% (like for like up 6%). Fashion Beauty and Home
Premier HEPS rose 27.9% to 560c better than the midpoint estimate of a 25% gain. Once-off HY dividend of 159c ahead of RFG Holdings acquisition.
Stor-Age HY dividend up 4.5% to 59.7c. Property revenue rose 7.7% to R699m, & NAV per share climbed 6.5% to 1,777c. Occupancy improved to 90.6%.
Barloworld expects FY25 HEPS down 20.3% to 22.3% to between 795c and 815c. Weaker trading at Vostochnaya Technica & lower demand in Southern Africa. Results