News Formal

AVI says earnings fell in the year to end-June

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

In company news today | AVI says earnings fell in the year to end-June

A Spitz shoe shop in Sandton City, Johannesburg. Picture: BUSINESS DAY/ARNOLD PRONTO

SA’s economic malaise is taking its toll on fast-moving consumer goods producers and major retailers, which have struggled to grow volumes or pass higher costs on to cash-strapped consumers. The group said full-year consolidated headline earnings per share probably fell by between 4% and 6%. Selling prices were raised in categories affected by specific cost pressures, but were generally “maintained” throughout the year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AVI says earnings fell in the year to end-JuneThe consumer goods group, which wrote down the value of shoe business Green Cross, says SA’s economic malaise is taking its toll
Source: BDliveSA - 🏆 12. / 63 Read more »