The Daily Update: 22 August

April 16, 2024

The latest updates from the JSE and NYSE over the past 24 hours.


South Africa

Woolworths Holdings Limited

  • EPS is expected to grow by between 30% and 40%.
  • HEPS is expected to grow by between 25% and 35%.

Aveng Limited

  • Revenue of R28.9 billion (compared to R22.5 billion in 2022).
  • Operating loss of R1.06 billion (compared to operating earnings of R360 million in 2022).
  • Loss for the year of R1.28 billion (compared to earnings of R130 million in 2022).
  • Loss per share of 1,017 cents (compared to earnings per share of 106 cents in 2022).

The Bidvest Group Limited

  • Basic EPS is expected to grow by between 15% and 19%.
  • HEPS is expected to grow by between 22% and 26%.

Spur Corporation Limited

  • Franchised restaurant turnovers increased by 23.0% to R9.520 billion.
  • Earnings per share increased by 80.2% to 260.03 cents.
  • Revenue increased by 27.4% to R3.045 billion.
  • Dividend per share: 192 cents (compared to 127 cents in 2022).
  • Profit before income tax increased by 51.9% to R318.4 million.
  • Headline earnings per share increased by 81.1% to 261.18 cents.
  • Unrestricted cash and cash equivalents for the year increased by 28.9% to R374.8 million.
  • South African volume growth led by the Spur brand, which increased restaurant sales by 24.9%.
  • International franchised restaurant sales increased by 27.6%.
  • Plans to open 41 new restaurants in South Africa and 12 internationally in the new financial year.

Related Tags:
1 min read
Share this article:

Related Articles

All articles