Edition:
India

Tiger Brands Ltd (TBSJ.J)

TBSJ.J on Johannesburg Stock Exchange

16,920.00ZAc
5 Jun 2020
Change (% chg)

176.00 (+1.05%)
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16,744.00
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Latest Key Developments (Source: Significant Developments)

Tiger Brands Sees HY HEPS From Total Ops Between 228 Cents And 201 Cents
Wednesday, 20 May 2020 

May 20 (Reuters) - Tiger Brands Ltd ::TIGER BRANDS LTD - HY EPS FROM TOTAL OPERATIONS IS EXPECTED TO BE BETWEEN 216 CENTS AND 190 CENTS.TIGER BRANDS LTD - HY EPS FROM CONTINUING OPERATIONS (INCLUDING VAMP) IS EXPECTED TO BE BETWEEN 228 CENTS AND 201 CENTS.TIGER BRANDS LTD - HY EPS IS IMPACTED BY A SIGNIFICANTLY HIGHER IMPAIRMENT CHARGE OF R557 MLN.  Full Article

Tiger Brands Says Total Interest In Shares Held By Silchester Amounts To 15.01% Of Total Shares
Monday, 20 Apr 2020 

April 20 (Reuters) - Tiger Brands Ltd ::TOTAL INTEREST IN SHARES OF COMPANY HELD BY SILCHESTER NOW AMOUNTS TO 15.01% OF TOTAL ISSUED ORDINARY SHARES OF COMPANY.  Full Article

Tiger Brands Says Sprucegrove Investment Management Holds 5.05% Of Co's Total Ordinary Shares
Thursday, 27 Feb 2020 

Feb 27 (Reuters) - Tiger Brands Ltd ::ACQUISITION OF SECURITIES BY SPRUCEGROVE INVESTMENT MANAGEMENT LIMITED.TOTAL INTEREST IN CO'S SHARES HELD BY SPRUCEGROVE INVESTMENT MANAGEMENT AMOUNTS TO 5.05% OF TOTAL ISSUED ORDINARY SHARES OF CO.  Full Article

Tiger Brands Sees HY HEPS Between 478 Cents - 533 Cents
Wednesday, 12 Feb 2020 

Feb 12 (Reuters) - Tiger Brands Ltd ::TRADING UPDATE AND TRADING STATEMENT FOR THE SIX MONTHS ENDING 31 MARCH 2020.HY HEPS FROM TOTAL OPERATIONS IS EXPECTED TO BE BETWEEN 533 CENTS AND 478 CENTS.A CONTINUATION OF DIFFICULT TRADING CONDITIONS IS ANTICIPATED IN Q2.SEES HY EPS FROM TOTAL OPERATIONS IS EXPECTED TO BE AT LEAST 36% LOWER THAN 864 CENTS REPORTED FOR SAME PERIOD LAST YEAR.Q1 REVENUE FROM CONTINUING OPERATIONS AMOUNTING TO R8.4 BILLION, WAS IN LINE WITH COMPARABLE PERIOD LAST YEAR.PERFORMANCE OF EXPORT DIVISION WILL CONTINUE TO BE AFFECTED BY LEGAL DISPUTE IN NIGERIA.A FORMAL DUE DILIGENCE PROCESS COMMENCED IN RESPECT ON NON-BINDING INDICATIVE OFFERS RECEIVED.  Full Article

Tiger Brands Appoints Noel Doyle As Chief Executive Officer
Friday, 31 Jan 2020 

Jan 31 (Reuters) - Tiger Brands Ltd ::JSE: TBS - APPOINTMENT OF ACTING CHIEF FINANCIAL OFFICER, RESIGNATION OF A DIRECTOR AND WITHDRAWAL OF PROPOSED AGM RESOLUTION.TIGER BRANDS LTD - APPOINTMENT OF CURRENT CHIEF FINANCIAL OFFICER, NOEL DOYLE TO CHIEF EXECUTIVE OFFICER ROLE, WITH EFFECT FROM 1 FEBRUARY 2020.TIGER BRANDS LTD - PAMELA PADAYACHEE HAS BEEN APPOINTED AS ACTING CHIEF FINANCIAL OFFICER WITH EFFECT FROM 1 FEBRUARY 2020.  Full Article

Tiger Brands CEO To Retire, CFO Doyle To Take On CEO Role
Wednesday, 29 Jan 2020 

Jan 29 (Reuters) - Tiger Brands Ltd ::JSE: TBS - RETIREMENT OF CURRENT CEO, APPOINTMENT OF NEW CEO AND WITHDRAWAL OF PROPOSED AGM RESOLUTION.TIGER BRANDS LTD - CURRENT CHIEF EXECUTIVE OFFICER LAWRENCE MAC DOUGALL HAS DECIDED TO RETIRE FROM COMPANY WITH EFFECT FROM 31 JANUARY 2020.TIGER BRANDS LTD - CHIEF FINANCIAL OFFICER NOEL DOYLE, HAS BEEN APPOINTED TO CEO ROLE, WITH EFFECT FROM 1 FEBRUARY 2020.TIGER BRANDS LTD- FURTHER UPDATE REGARDING CFO POSITION WILL BE MADE IN DUE COURSE.  Full Article

Silchester International Acquires Securities In Tiger Brands, Total Stake Amounts to 11.47%
Friday, 10 Jan 2020 

Jan 10 (Reuters) - Tiger Brands Ltd ::JSE: TBS - ACQUISITION OF SECURITIES BY SILCHESTER INTERNATIONAL INVESTORS LLP "SILCHESTER".SHARES OF COMPANY HELD BY SILCHESTER NOW AMOUNTS TO 11.47% OF TOTAL ISSUED ORDINARY SHARES OF COMPANY..  Full Article

Tiger Brands Says Silchester International Investors Holds 10.08% Of Total Shares Of Co
Thursday, 5 Dec 2019 

Dec 5 (Reuters) - Tiger Brands Ltd ::JSE: TBS - ACQUISITION OF SECURITIES BY SILCHESTER INTERNATIONAL INVESTORS LLP.TIGER BRANDS LTD - TOTAL INTEREST IN ORDINARY SHARES OF COMPANY HELD BY SILCHESTER NOW AMOUNTS TO 10.08% OF TOTAL ISSUED ORDINARY SHARES OF COMPANY.  Full Article

Tiger Brands Reports Lower FY HEPS, Potential Disposal Of VAMP
Friday, 22 Nov 2019 

Nov 22 (Reuters) - Tiger Brands Ltd ::JSE: TBS - AUDITED GROUP RESULTS AND DIVIDEND DECLARATION FOR THE YEAR ENDED 30 SEPTEMBER 2019.TIGER BRANDS LTD - FY REVENUE INCREASED BY 3% TO R29.2 BILLION (EXCLUDING VAMP+, REVENUE INCREASED BY 5% TO R28.6 BILLION).TIGER BRANDS LTD - FY HEPS DOWN 17% TO 1 349 CENTS PER SHARE.TIGER BRANDS LTD - FY EPS UP 55% TO 2 364 CENTS PER SHARE.TIGER BRANDS LTD - TOTAL DIVIDEND DECLARED OF 1 061 CENTS PER SHARE.TIGER BRANDS LTD - UNBUNDLING OF INVESTMENT IN OCEANA CONCLUDED.TIGER BRANDS LTD - DELI FOODS DISCONTINUED.TIGER BRANDS - FY RESULTS IMPACTED BY UNBUNDLING OF OCEANA, CHALLENGING OPERATING ENVIRONMENT, SLOWER THAN ANTICIPATED RECOVERY IN VAMP BUSINESS.TIGER BRANDS LTD - DELI FOODS IN NIGERIA HAD BEEN IN LOSS MAKING POSITION FOR LONG TIME, BOARD APPROVED CLOSURE OF BUSINESS.TIGER BRANDS LTD - EXPECTED THAT SIGNIFICANT MACRO-ECONOMIC CHALLENGES FACING COUNTRY ARE LIKELY TO PERSIST FOR FORESEEABLE FUTURE.TIGER BRANDS LTD - OPERATING ENVIRONMENT IS LIKELY TO REMAIN SUBDUED.TIGER BRANDS LTD - PLACED HEIGHTENED FOCUS ON DRIVING PRODUCTIVITY AND SECURING COST EFFICIENCIES ACROSS VALUE CHAIN TO PROTECT MARGINS.TIGER BRANDS LTD - FY GROUP OPERATING MARGIN DOWN 260 BPS TO 9.0%.TIGER BRANDS LTD - LOWER VOLUMES, COUPLED WITH INABILITY TO FULLY RECOVER INPUT COSTS, PLACED GROSS MARGINS UNDER PRESSURE IN FY.TIGER BRANDS LTD - REGARDING POTENTIAL DISPOSAL OF VAMP, FORMAL DUE DILIGENCE PROCESS IS UNDER WAY.  Full Article

Tiger Brands Approves Formal Due Diligence Process On Value Added Meat Products Business
Friday, 8 Nov 2019 

Nov 8 (Reuters) - Tiger Brands Ltd ::JSE: TBS - TIGER BRANDS PROGRESSES PORTFOLIO OPTIMISATION INITIATIVES.TIGER BRANDS-ON RECEIPT OF SEVERAL INDICATIVE OFFERS FOR VALUE ADDED MEAT PRODUCTS BUSINESS, CO APPROVED COMMENCEMENT OF FORMAL DUE DILIGENCE PROCESS.TIGER BRANDS LTD - BOARD APPROVED CESSATION OF OPERATIONS OF DELI FOODS, WHICH COMMENCED WITH EFFECT FROM 22 OCTOBER 2019.TIGER BRANDS LTD - A THOROUGH REVIEW OF DELI FOODS IN NIGERIA WAS CONDUCTED.TIGER BRANDS LTD - IMPACT OF CLOSURE OF DELI FOODS ON TIGER BRANDS' NET ASSET VALUE AND HEADLINE EARNINGS PER SHARE IS NOT MATERIAL..  Full Article

UPDATE 2-S.Africa's Tiger Brands eyes 'significant' job cuts on coronavirus

* Will rationalise personal care brands (Adds business updates, cost savings)