Edition:
India

Tiger Brands Ltd (TBSJ.J)

TBSJ.J on Johannesburg Stock Exchange

45,181.00ZAc
19 Jan 2018
Change (% chg)

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45,181.00
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Avg. Vol
564,754
52-wk High
46,500.00
52-wk Low
36,239.00

Latest Key Developments (Source: Significant Developments)

Tiger Brands says ‍FY HEPS up 2%
Monday, 27 Nov 2017 

Nov 27 (Reuters) - TIGER BRANDS LTD ::‍FY HEPS UP 2% TO 2 155 CENTS​.FY ‍GROUP OPERATING INCOME UP 11% TO R4,6 BILLION​.‍DECLARED UNCHANGED GROSS FINAL CASH DIVIDEND OF 702 CENTS PER ORDINARY SHARE FOR YEAR ENDED 30 SEPTEMBER 2017​.TIGER BRANDS -ECONOMIC OUTLOOK FOR 2018 IS MUTED, WITH NO CURRENT SIGNS OF A RECOVERY IN CONSUMER SPENDING WHILE GROWTH LEVELS ARE LIKELY TO REMAIN LOW​.‍SAYS LITTLE EVIDENCE OF VOLUME UPLIFT IN YEAR AHEAD​.  Full Article

Tiger Brands appoints Noel Doyle as CFO from Aug 1
Wednesday, 20 Jul 2016 

Tiger Brands Ltd : JSE: TBS - appointment of Chief Financial Officer . Appointment of Noel Doyle into role of chief financial officer of company, with effect from Aug 1 2016 .Doyle has been chief operating officer of company since July 13 2015; served as company's acting ceo from Jan. 1 until May 9.  Full Article

Tiger Brands says to sell 51 pct stake in Ethiopia unit to EAG
Thursday, 9 Jun 2016 

Tiger Brands Ltd : Disposal of shareholding in East African Tiger Brands Industries of Ethiopia . Decided to dispose of company's 51 pct stake in its Ethiopian business, eatbi, to its partner East Afric Group .Impact of transaction on Tiger Brands' earnings, headline earnings and net asset value per share will not be material..  Full Article

Tiger Brands says H1 total HEPS rises 14 pct
Tuesday, 24 May 2016 

Tiger Brands Ltd : Group turnover. up 9% to R15,9 billion for six months ended 31 March 2016 . Six month HEPS. unchanged at 978 cents . Interim dividend per share up 7% to 363 cents . Total HEPS up 14% to 975 cents for the six months ended March 31 . Outlook for balance of year remains challenging, with downside risk to macro-economic environment .Key challenge will be to maintain volume momentum notwithstanding price increases that are currently being taken to partly offset cost pressures.  Full Article

UPDATE 2-South Africa's Tiger Brands profits slow in weak economy

JOHANNESBURG, Nov 27 Tiger Brands, South Africa's biggest consumer foods maker, reported a sharp slow-down in profit growth on Monday and warned that competition would intensify as customers in its home market cut spending in a lacklustre economy.