Consumer-goods company AVI, which owns Five Roses, Freshpak, I&J and Bakers Biscuits in SA, is expecting its headline earnings to bounce back to pre-pandemic levels despite a tough year for consumers.
Headline earnings per share are expected to increase 5%-7% to 524.8c-534.8c for its 2022 year amid low economic growth, high inflation, rising fuel prices and ongoing load-shedding hitting consumers and the company, AVI said on Wednesday...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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