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India

Libstar Holdings Ltd (LBRJ.J)

LBRJ.J on Johannesburg Stock Exchange

599.39ZAc
30 Oct 2020
Change (% chg)

-0.61 (-0.10%)
Prev Close
600.00
Open
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Day's High
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588.00
Volume
504,460
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335,961
52-wk High
860.00
52-wk Low
516.00

Latest Key Developments (Source: Significant Developments)

Libstar HY Diluted HEPS 16.9 Cents
Wednesday, 2 Sep 2020 

Sept 2 (Reuters) - Libstar Holdings Ltd ::LIBSTAR HOLDINGS LTD - GROUP REVENUE FOR H1 2020 WAS 1.9% HIGHER THAN H1 2019.LIBSTAR HOLDINGS LTD - HY DILUTED HEPS 16.9 CENTS.  Full Article

Libstar Holdings Sees HY Normalised HEPS From Cont Ops 23.5-24.9 Cents
Monday, 17 Aug 2020 

Aug 17 (Reuters) - Libstar Holdings Ltd ::INCURRED EXTRAORDINARY COVID-19 EXPENDITURE IN AMOUNT OF R44 MILLION IN SIX MONTHS TO JUNE 30.SEES HY NORMALISED HEPS FROM CONTINUING OPERATIONS 23.5 TO 24.9 CENTS.WHILST DEMAND FOR RETAIL WET CONDIMENTS REMAINED SUBDUED FOR MOST OF H1 2020, ORDERS INCREASED FROM START OF H2 2020.H1 2020 UNDERPERFORMANCE OF WET CONDIMENTS MANUFACTURED FOR THIS CHANNEL IS EXPECTED TO BE AMELIORATED IN H2.  Full Article

Libstar Holdings Says Cost Of Doing Business Up Dramatically Since COVID-19
Tuesday, 9 Jun 2020 

June 9 (Reuters) - Libstar Holdings Ltd ::JSE: LBR - BUSINESS UPDATE ON THE IMPACT OF COVID-19.LIBSTAR HOLDINGS LTD - GROUP INCURRING EXTRAORDINARY EXPENDITURE OF NEARLY R35 MILLION TO DATE..LIBSTAR - SINCE COVID-19, COST OF DOING BUSINESS HAS INCREASED DRAMATICALLY, WITH GROUP INCURRING EXTRAORDINARY EXPENDITURE OF NEARLY R35 MILLION TO DATE.LIBSTAR HOLDINGS LTD - RETAIL SALES DEMAND HAS BEEN STRONGER SINCE GROUP'S MARKET UPDATE OF 2 APRIL 2020.LIBSTAR HOLDINGS LTD - GROUP REVENUE FOR TWO-MONTH PERIOD ENDED 31 MAY 2020 WAS 9.8% LOWER.LIBSTAR HOLDINGS LTD - LONGER-TERM IMPACT OF COVID-19 ON LIBSTAR AND MARKETS WITHIN WHICH IT OPERATES, REMAINS UNQUANTIFIABLE.LIBSTAR HOLDINGS - BROADER IMPACT OF COVID-19 ON N. AMERICAN AND EUROPEAN CONTINENTS, ADVERSELY IMPACTED EXPORT CHANNEL DURING MONTHS OF APRIL, MAY.LIBSTAR HOLDINGS LTD - GROUP REVENUE FOR FIVE-MONTH YEAR-TO-DATE PERIOD ENDED 31 MAY CLOSING 2.1% HIGHER THAN COMPARATIVE PERIOD.LIBSTAR HOLDINGS LTD - REVENUE WITHIN FOOD SERVICE CHANNEL DECLINED 80.1% DURING TWO-MONTH PERIOD ENDED 31 MAY 2020.LIBSTAR HOLDINGS LTD - EXPORT CHANNEL REVENUE IS EXPECTED TO FIRM AS SHIPMENT TIMING NORMALISES OVER COMING MONTHS.LIBSTAR HOLDINGS LTD - AS GOVERNMENT RESTRICTIONS CONTINUE TO BE EASED GROUP EXPECTS AN IMPROVEMENT IN PERFORMANCE OF ITS NON-RETAIL SALES CHANNELS.  Full Article

Libstar To Amend Special Resolution By Setting Limit On Repurchase Of Shares
Friday, 5 Jun 2020 

June 5 (Reuters) - Libstar Holdings Ltd ::LIBSTAR - TO AMEND SPECIAL RESOLUTION BY SETTING LIMIT ON REPURCHASE OF SHARES TO 5% OF AGGREGATE NUMBER OF SHARES THAT WERE IN ISSUE ON 30 APRIL.  Full Article

Libstar Holdings Says FY HEPS After Adoption Of New Accounting Standards 59.8 Cents
Wednesday, 18 Mar 2020 

March 18 (Reuters) - Libstar Holdings Ltd ::RESULTS FOR THE YEAR ENDED 31 DECEMBER 2019 AND CASH DIVIDEND DECLARATION.FINAL DIVIDEND OF 25 CENTS PER SHARE.FY DILUTED HEPS 63.5 CENTS.FY REVENUE 9.89 BILLION RAND, +2.4%.FY NORMALISED HEPS 85.1 CENTS.FY HEPS AFTER ADOPTION OF NEW ACCOUNTING STANDARDS 59.8 CENTS.FY NORMALISED HEPS AFTER ADOPTION OF NEW ACCOUNTING STANDARDS 82.7 CENTS.WEAK DEMAND FOR WET CONDIMENTS IN OUTSOURCED MANUFACTURING CHANNEL ARE EXPECTED TO PERSIST DURING H1 2020.  Full Article

Libstar Holdings Says FY Group Revenue Up 2.4%
Tuesday, 25 Feb 2020 

Feb 25 (Reuters) - Libstar Holdings Ltd ::JSE: LBR - TRADING UPDATE AND TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2019.LIBSTAR HOLDINGS LTD - GROUP REVENUE FOR YEAR ENDED 31 DECEMBER 2019 WAS 2.4% HIGHER THAN PREVIOUS YEAR.LIBSTAR - FY NORMALISED EBITDA, EXCLUDING IMPACT OF IFRS 16 (LEASES), EXPECTED TO INCREASE BY BETWEEN 3.6% AND 6.6% (R1020.1 MILLION TO R1049.7 MILLION.LIBSTAR HOLDINGS LTD - SEES FY NORMALISED HEPS 82.2 TO 86.0 CENTS.LIBSTAR - SEES FY NORMALISED HEPS, INCLUDING IMPACT OF FIRST-TIME ADOPTION OF IFRS 16 AND IFRS 9, TO BE 79.9-83.7 CENTS.  Full Article

Libstar Holdings Promotes Charl De Villiers To Group CFO
Tuesday, 17 Dec 2019 

Dec 17 (Reuters) - Libstar Holdings Ltd ::JSE: LBR - APPOINTMENT OF CHIEF FINANCIAL OFFICER AND CHANGE TO THE EXECUTIVE RESPONSIBILITIES OF AN EXECUTIVE DIRECTOR.LIBSTAR HOLDINGS LTD - CHARL DE VILLIERS HAS BEEN PROMOTED TO POSITION OF GROUP CHIEF FINANCIAL OFFICER.LIBSTAR HOLDINGS LTD - CHARL DE VILLIERS WILL BE APPOINTED TO BOARD AS AN EXECUTIVE DIRECTOR WITH EFFECT FROM 1 JANUARY 2020.LIBSTAR HOLDINGS LTD - CHARL DE VILLIERS SUCCEEDS CURRENT CFO ROBIN SMITH.LIBSTAR HOLDINGS LTD - SMITH WILL REMAIN AN EXECUTIVE DIRECTOR OF LIBSTAR.  Full Article

Libstar HY Normalised HEPS 30.9 Cents, 59.4 Mln Rand Impairment For Planned Unit Sale
Wednesday, 4 Sep 2019 

Sept 4 (Reuters) - Libstar Holdings Ltd ::HY NORMALISED HEPS 30.9 CENTS.R59.4 MILLION IMPAIRMENT OF NON-CORE DAIRY BLEND AND FRUIT CONCENTRATE BUSINESS HELD-FOR-SALE.HY NORMALISED HEADLINE EARNINGS INCREASED BY 28.7% TO R185.2 MILLION.FURTHER R57 MILLION, R26 MILLION AND R15 MILLION EARMARKED FOR PLANNED UPGRADES AT LANCEWOOD, MILLENNIUM FOODS AND AMBASSADOR FOODS RESPECTIVELY IN H2.H2 2019 IS EXPECTED TO REFLECT BENEFITS FROM COMMISSIONING OF PAR-BAKE FROZEN PLANT (LATE MAY) AND PRINGLES MANUFACTURING PLANT (JUNE).LIBSTAR'S APPROXIMATE 40:60 H1:H2 NORMALISED EBITDA RATIO IS EXPECTED TO REMAIN LARGELY INTACT.APPROXIMATE 40:60 H1:H2 NORMALISED EBITDA RATIO IS EXPECTED TO REMAIN LARGELY INTACT.AGGRESSIVE COMPETITOR DISCOUNTING AND CONSTRAINED DEMAND WITHIN MARKETS IN WHICH GROUP OPERATES, IS EXPECTED TO CONTINUE DURING H2.HY REVENUE +4.6% TO 4.62 BILLION RAND.DAIRY BLEND AND FRUIT CONCENTRATE BUSINESS OF ELVIN, IN NON-CORE CATEGORY, IS CURRENTLY HELD FOR SALE.  Full Article