Edition:
India

Avi Ltd (AVIJ.J)

AVIJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

AVI Expects FY Consolidated HEPS To Decrease Between 4% And 6%
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Avi Ltd ::JSE: AVI - VOLUNTARY TRADING UPDATE AND STATEMENT FOR THE YEAR ENDED 30 JUNE 2019.AVI LTD - GROUP REVENUE WAS 1,2% HIGHER THAN PRIOR YEAR FOR YEAR ENDED 30 JUNE 2019.AVI LTD - FY FINANCE COSTS WERE HIGHER THAN LAST YEAR IN LINE WITH HIGHER DEBT LEVELS..AVI LTD - TRADING ENVIRONMENT WAS DIFFICULT THROUGHOUT FINANCIAL YEAR.AVI LTD - CONSOLIDATED HEADLINE EARNINGS PER SHARE FOR YEAR ENDED 30 JUNE 2019 ARE EXPECTED TO DECREASE BY BETWEEN 4% AND 6% OVER PRIOR YEAR,.AVI LTD - OPERATING PROFIT FOR FULL YEAR WAS LOWER THAN LAST YEAR.AVI LTD - TOTAL IMPAIRMENT OF R87,0 MILLION AFTER TAX HAS BEEN MADE AGAINST GREEN CROSS' PROPERTY, PLANT AND EQUIPMENT AND TRADEMARK VALUES.AVI LTD - CONSOLIDATED HEPS EXPECTED TO DECREASE FROM LAST YEAR'S 543,1 CENTS TO A RANGE OF BETWEEN 511 AND 521 CENTS PER SHARE IN FY.AVI LTD - CONSOLIDATED FY EPS EXPECTED TO DECREASE FROM LAST YEAR'S 513,1 CENTS TO A RANGE OF BETWEEN 482 AND 493 CENTS PER SHARE.AVI - FY OPERATING PROFIT IMPACTED BY RESTRUCTURING COSTS AT GREEN CROSS (R27M), UNREALISED MARK-TO-MARKET LOSS ON I&J'S FUEL HEDGES OF R13,4 MILLION.  Full Article

Avi HY HEPS Down 6,2 Pct To 305,5 Cents
Monday, 11 Mar 2019 

March 11 (Reuters) - Avi Ltd ::HY HEADLINE EARNINGS PER SHARE DOWN 6,2% TO 305,5 CENTS.HY LIKE-FOR-LIKE REVENUE GROWTH OF 0,2%:.INTERIM DIVIDEND COVER MAINTAINED, INTERIM DIVIDEND OF 165 CENTS PER SHARE.TRADING ENVIRONMENT IS EXPECTED TO REMAIN DIFFICULT, WITH CONSTRAINED CONSUMER SPENDING.HY REVENUE R7.07 BILLION VERSUS R7.3 BILLION.  Full Article

Avi Ltd Says Revenue For Semester Was 0.2 Pct Higher
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Avi Ltd ::AVI LTD - GROUP REVENUE FOR SEMESTER WAS 0.2% HIGHER THAN FOR SAME PERIOD LAST YEAR.AVI - TRADING ENVIRONMENT REMAINED DIFFICULT WITH CONTINUED PRESSURE ON CONSUMER SPENDING RESULTING IN SALES VOLUME WEAKNESS IN MANY OF OUR BUSINESSES.AVI LTD - DECEMBER'S SALES VOLUMES WERE LOWER THAN LAST YEAR INCLUDING IN SPITZ.AVI LTD - DIFFICULT TRADING ENVIRONMENT WAS EXACERBATED BY COMPETITOR DISCOUNTING IN SOME CATEGORIES.AVI LTD - HY CONSOLIDATED HEPS EXPECTED TO DECREASE BY BETWEEN 6% AND 7% OVER COMPARABLE PERIOD IN PRIOR YEAR.AVI LTD - HY OPERATING PROFIT WAS LOWER THAN FOR FIRST SEMESTER OF LAST FINANCIAL YEAR MAINLY DUE TO IMPACT OF LOWER VOLUMES.AVI LTD - CONSOLIDATED HEADLINE EARNINGS PER SHARE TO DECREASE FROM LAST YEAR'S 325.6 CENTS TO RANGE OF BETWEEN 303 AND 306 CENTS PER SHARE.  Full Article

AVI Q1 Revenue Rises 2.5 Pct, Sees Higher Cost Pressure In FY
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Avi Ltd ::JSE: AVI - CHAIRMAN'S COMMENT ON TRADING CONDITIONS.AVI LTD - GROUP REVENUE FOR Q1 ENDED SEPTEMBER 2018 INCREASED 2,5% OVER SAME PERIOD IN PRIOR YEAR, WITH INCREASE MOSTLY DUE TO VOLUME GROWTH.AVI LTD - QTRLY CONSOLIDATED GROSS PROFIT MARGIN WAS IN LINE WITH LAST YEAR.AVI - RESULTS FOR REMAINDER OF 2019 REMAIN MATERIALLY DEPENDENT ON SOUND CONSUMER DEMAND OVER FESTIVE SEASON & THROUGH 2ND SEMESTER.AVI LTD - WEAKER RAND EXPERIENCED OVER LAST FEW MONTHS IS LIKELY TO RESULT IN INCREASED COST PRESSURE LATER IN FINANCIAL YEAR.  Full Article

Avi Ltd says Q1 ‍group revenue was in line with same period in prior year​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Avi Ltd :‍GROUP REVENUE FOR Q1 ENDED SEPTEMBER 2017 WAS IN LINE WITH THAT FOR SAME PERIOD IN PRIOR YEAR​.‍CONSOLIDATED GROSS PROFIT MARGIN IN Q1 IMPROVED, WITH ACCUMULATED COST PRESSURE AMELIORATED BY IMPROVED EXCHANGE RATES COMPARED TO LAST YEA​R.  Full Article