Edition:
United Kingdom

Avi Ltd (AVIJ.J)

AVIJ.J on Johannesburg Stock Exchange

9,080.00ZAc
20 Feb 2019
Change (% chg)

180.00 (+2.02%)
Prev Close
8,900.00
Open
8,900.00
Day's High
9,143.00
Day's Low
8,882.00
Volume
2,468,630
Avg. Vol
1,180,387
52-wk High
12,350.00
52-wk Low
8,861.00

Latest Key Developments (Source: Significant Developments)

Avi Ltd Says Revenue For Semester Was 0.2 Pct Higher
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Avi Ltd ::AVI LTD - GROUP REVENUE FOR SEMESTER WAS 0.2% HIGHER THAN FOR SAME PERIOD LAST YEAR.AVI - TRADING ENVIRONMENT REMAINED DIFFICULT WITH CONTINUED PRESSURE ON CONSUMER SPENDING RESULTING IN SALES VOLUME WEAKNESS IN MANY OF OUR BUSINESSES.AVI LTD - DECEMBER'S SALES VOLUMES WERE LOWER THAN LAST YEAR INCLUDING IN SPITZ.AVI LTD - DIFFICULT TRADING ENVIRONMENT WAS EXACERBATED BY COMPETITOR DISCOUNTING IN SOME CATEGORIES.AVI LTD - HY CONSOLIDATED HEPS EXPECTED TO DECREASE BY BETWEEN 6% AND 7% OVER COMPARABLE PERIOD IN PRIOR YEAR.AVI LTD - HY OPERATING PROFIT WAS LOWER THAN FOR FIRST SEMESTER OF LAST FINANCIAL YEAR MAINLY DUE TO IMPACT OF LOWER VOLUMES.AVI LTD - CONSOLIDATED HEADLINE EARNINGS PER SHARE TO DECREASE FROM LAST YEAR'S 325.6 CENTS TO RANGE OF BETWEEN 303 AND 306 CENTS PER SHARE.  Full Article

AVI Q1 Revenue Rises 2.5 Pct, Sees Higher Cost Pressure In FY
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Avi Ltd ::JSE: AVI - CHAIRMAN'S COMMENT ON TRADING CONDITIONS.AVI LTD - GROUP REVENUE FOR Q1 ENDED SEPTEMBER 2018 INCREASED 2,5% OVER SAME PERIOD IN PRIOR YEAR, WITH INCREASE MOSTLY DUE TO VOLUME GROWTH.AVI LTD - QTRLY CONSOLIDATED GROSS PROFIT MARGIN WAS IN LINE WITH LAST YEAR.AVI - RESULTS FOR REMAINDER OF 2019 REMAIN MATERIALLY DEPENDENT ON SOUND CONSUMER DEMAND OVER FESTIVE SEASON & THROUGH 2ND SEMESTER.AVI LTD - WEAKER RAND EXPERIENCED OVER LAST FEW MONTHS IS LIKELY TO RESULT IN INCREASED COST PRESSURE LATER IN FINANCIAL YEAR.  Full Article

Avi Ltd says Q1 ‍group revenue was in line with same period in prior year​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Avi Ltd :‍GROUP REVENUE FOR Q1 ENDED SEPTEMBER 2017 WAS IN LINE WITH THAT FOR SAME PERIOD IN PRIOR YEAR​.‍CONSOLIDATED GROSS PROFIT MARGIN IN Q1 IMPROVED, WITH ACCUMULATED COST PRESSURE AMELIORATED BY IMPROVED EXCHANGE RATES COMPARED TO LAST YEA​R.  Full Article

Avi gets number of expressions of interest for some of its business units
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - AVI LTD ::‍HAS RECEIVED A NUMBER OF EXPRESSIONS OF INTEREST FOR CERTAIN OF GROUP'S BUSINESS UNITS WHICH MAY BE VALUE ENHANCING FOR SHAREHOLDERS​.‍HAS APPOINTED RAND MERCHANT BANK TO ASSIST IT IN EVALUATING THESE EXPRESSIONS OF INTEREST​.  Full Article

AVI posts FY HEPS 507,7 cents
Monday, 11 Sep 2017 

Sept 11 (Reuters) - AVI LTD :REVENUE UP 8,2% TO R13,18 BILLION FOR YEAR ENDED 30 JUNE 2017.FINAL DIVIDEND OF 243 CENTS PER SHARE, TOTAL NORMAL DIVIDEND UP 9,5% TO 405 CENTS PER SHARE.HEADLINE EARNINGS PER SHARE UP 9,4% TO 507,7 CENTS FOR YEAR ENDED 30 JUNE 2017.TRADING ENVIRONMENT IS LIKELY TO REMAIN DIFFICULT IN YEAR AHEAD.  Full Article

UPDATE 1-South African rand firms, banks top blue-chip index

* Bank index touches 8-1/2-month high (Adds stocks, fresh analyst quotes)