AVI sees FY headline EPS rise 4%-6%
Reuters2026/07/30 13:03Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- AVI posted FY2026 revenue of R 16.24 billion, up 1.4%, as a stronger first half was offset by weaker second-half demand.
- Headline EPS is seen up 4%-6% to 758.3-772.9 cents; EPS is seen up 4%-6% to 761.9-776.6 cents.
- Food & Beverage revenue rose 1.7% to R 13.71 billion; Fashion brands slipped 0.6% to R 2.53 billion.
- Entyce Beverages revenue fell 2.5% to R 5.16 billion; operating profit declined on creamer price cuts amid tougher competition.
- I&J revenue climbed 10.2% to R 2.83 billion; profit improved, partly offset by a R 84 million non-cash biological asset revaluation.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AVI Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524898), on July 30, 2026, and is solely responsible for the information contained therein.
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