Afrox cuts final dividend by more than half as earnings fall

Nederland Nieuws Nieuws

Afrox cuts final dividend by more than half as earnings fall
Nederland Laatste Nieuws,Nederland Headlines

The company says growth in strategic markets, price cost inflation recovery and productivity gains from various efficiency projects have helped mitigate the cost increases

Afrox headquarters in Selby, Johannesburg. Picture: ROBBIE TSHABALALA

The group said on Wednesday that it would pay a final dividend of 25c a share, from 54c a year earlier. That brings its total dividends for the 2018 financial year to 77c, from 100c previously.

 

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Capitec shares fall despite reporting higher earningsCapitec shares fall despite reporting higher earningsHeadline earnings for the year to end-February rose between 17% and 20%, versus 18% a year before Why would the shares fall if they are making more profit?
Lees verder »

Nederburg maker Distell lifts earnings, even as sales fallNederburg maker Distell lifts earnings, even as sales fallThe company says Nigeria, Kenya, Zambia and Mozambique recorded strong growth ‘as we continue to build our local production and route-to-market across the markets’
Lees verder »



Render Time: 2025-01-10 07:43:49