Edition:
India

Avi Ltd (AVIJ.J)

AVIJ.J on Johannesburg Stock Exchange

11,426.00ZAc
21 Aug 2018
Change (% chg)

226.00 (+2.02%)
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11,200.00
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Latest Key Developments (Source: Significant Developments)

AVI Ltd Says HY Headline Earnings Per Share Up 7.5 Pct To 325.6 Cents​
Monday, 12 Mar 2018 

March 12 (Reuters) - AVI Ltd ::HY ‍REVENUE UP 2,3% TO R7,30 BILLION​.‍HY HEADLINE EARNINGS PER SHARE UP 7,5% TO 325,6 CENTS​.‍INTERIM DIVIDEND UP 8,0% TO 175 CENTS PER SHARE.HY ‍CAPITAL EXPENDITURE OF R193,2 MILLION."‍TRADING ENVIRONMENT IS EXPECTED TO REMAIN DIFFICULT THROUGH SECOND SEMESTER AND INTO NEXT FINANCIAL YEAR."​.WILL CONTINUE TO REVIEW ORGANISATIONAL STRUCTURES AND FIXED OVERHEAD COSTS TO IMPROVE OPERATIONAL EFFECTIVENESS AND REDUCE COST BASE​.‍PROJECTS TO PROVIDE ALTERNATIVE WATER SUPPLY TO GROUP'S CAPE TOWN OPERATIONS WILL BE COMMISSIONED IN MARCH 2018.​.  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

Avi gets number of expressions of interest for some of its business units
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - AVI LTD ::‍HAS RECEIVED A NUMBER OF EXPRESSIONS OF INTEREST FOR CERTAIN OF GROUP'S BUSINESS UNITS WHICH MAY BE VALUE ENHANCING FOR SHAREHOLDERS​.‍HAS APPOINTED RAND MERCHANT BANK TO ASSIST IT IN EVALUATING THESE EXPRESSIONS OF INTEREST​.  Full Article

South Africa's AVI drops KPMG as external auditors
Friday, 6 Oct 2017 

Oct 6 (Reuters) - AVI Limited- :TERMINATION OF EXTERNAL AUDITORS .‍CONCLUDED THAT IT IS APPROPRIATE TO GIVE NOTICE TO KPMG​.‍TERMINATION WILL BE EFFECTIVE ON CLOSE-OUT OF ALL MATTERS PERTAINING TO 2017 FINANCIAL YEAR-END AUDIT, BUT NO LATER THAN END OF NOVEMBER 2017​.‍KPMG HAS BEEN AVI'S AUDITOR SINCE 2000​.‍BOARD OF AVI HAS CONSIDERED INFORMATION RELATING TO KPMG AND CERTAIN OF ITS PAST ACTIVITIES THAT IS CURRENTLY AVAILABLE TO IT​.  Full Article

Avi sees FY consolidated HEPS up 8-10 pct
Monday, 24 Jul 2017 

July 24 (Reuters) - Avi Ltd :Voluntary trading update and statement for year ended 30 june 2017.Group revenue for year rose by 8,2 pct.Consolidated headline earnings per share for year ended 30 june 2017 are expected to increase by between 8 pct and 10 pct.Consolidated earnings per share for year ended 30 june 2017, including capital gains and losses, are expected to increase by between 3 pct and 5 pct.  Full Article

Avi Ltd posts HY headline earnings per share of 302.9 cents
Monday, 6 Mar 2017 

Avi Ltd : HY revenue up 11.6 PCT to R7.13 billion . HY headline earnings per share up 7.6% to 302.9 cents . Says interim dividend up 8.0 PCT to 162 cents per share .Says trading environment is likely to remain difficult in second half, with increasing competition for consumers' discretionary income.  Full Article

BRIEF-AVI Ltd Says HY Headline Earnings Per Share Up 7.5 Pct To 325.6 Cents​

* "‍TRADING ENVIRONMENT IS EXPECTED TO REMAIN DIFFICULT THROUGH SECOND SEMESTER AND INTO NEXT FINANCIAL YEAR."​