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%

Россия Новости Новости

The consumer goods group, which wrote down the value of shoe business Green Cross, says SA’s economic malaise is taking its toll

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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости