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Famous Brands Ltd (FBRJ.J)

FBRJ.J on Johannesburg Stock Exchange

10,280.00ZAc
23 May 2018
Change (% chg)

90.00 (+0.88%)
Prev Close
10,190.00
Open
10,300.00
Day's High
10,300.00
Day's Low
10,166.00
Volume
135,314
Avg. Vol
134,731
52-wk High
13,700.00
52-wk Low
9,355.00

Latest Key Developments (Source: Significant Developments)

Famous Brands says ‍HY revenue up 39 pct to 3.4 bln rand
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Famous Brands Ltd ::FAMOUS BRANDS LTD - ‍HY REVENUE UP 39% TO R3.4 BILLION​.FAMOUS BRANDS LTD - ‍HY HEADLINE EARNINGS PER SHARE DOWN 59% TO 170 CENTS​.FAMOUS BRANDS LTD - ‍HY OPERATING PROFIT BEFORE NON-OPERATIONAL ITEMS AT R406 MILLION​.FAMOUS BRANDS LTD - ‍AT END OF PERIOD, CASH AND CASH EQUIVALENTS WERE R493 MILLION (2016: R452 MILLION)​.FAMOUS BRANDS LTD - ‍ANTICIPATED THAT GROUP'S "LEADING" BRANDS WILL DELIVER STRONGER RESULTS IN SECOND HALF OF YEAR​.FAMOUS BRANDS LTD - ‍BOARD IS OF OPINION THAT GBK'S RETURN TO PROFITABILITY WILL BE ACHIEVED IN NEXT FINANCIAL YEAR​.FAMOUS BRANDS LTD - ‍OPERATING ENVIRONMENT IN BOTH LOCAL AND UK MARKETS IS EXPECTED TO "REMAIN TESTING"​.FAMOUS BRANDS LTD - REVIEWING ‍OPTIONS INCLUDING ACCELERATED DEBT REDUCTION, DIVIDEND PAYMENTS AND ACQUISITIONS.FAMOUS BRANDS LTD - ‍NO INTERIM DIVIDEND WILL BE PAID​.  Full Article

Famous Brands sees HY 2017 HEPS to fall within range of 153-187 cents
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Famous Brands Ltd :‍FOR SIX MONTHS ENDED 31 AUGUST 2017, HEPS ARE EXPECTED TO DECREASE TO WITHIN RANGE OF 153 CENTS PER SHARE TO 187 CENTS PER SHARE​.FOR SIX MONTHS ENDED AUG 31, ‍GBK RECORDED A PBIT LOSS OF GBP872 000.  Full Article

Famous Brands says FY revenue up 33 percent
Monday, 29 May 2017 

May 29 (Reuters) - Famous Brands Ltd ::Fy revenue up 33 percent to r5.7 billion.Fy operating profit before non-operational items and additional interest costs up 18 percent to r938 million.Fy headline earnings per share before non-operational items and additional interest costs up 13 percent to 613 cents per share.  Full Article

Famous Brands acquires GBK Restaurants Ltd for 120 mln stg
Thursday, 1 Sep 2016 

Famous Brands Ltd : Announcement regarding the acquisition by Famous Brands Limited of GBK Restaurants Limited . Concluded an agreement to acquire entire issued share capital of GBK Restaurants Limited for a total enterprise value consideration of GBK Restaurants Limited . Has identified UK as a strategic growth region in Europe and one which offers opportunity to earn hard currency outside of africa .Acquisition will add scale to Famous Brands' UK business which includes Wimpy UK, and up-weight group's premium brand portfolio..  Full Article

Famous Brands enters talks on potential corporate action
Friday, 12 Aug 2016 

Famous Brands Ltd :Has entered into discussions regarding a potential corporate action, which, if successful, may have a material effect on price of group's securities.  Full Article

S. Africa's Competition Commission approves Nestlé, PAI Europe JV
Thursday, 14 Jul 2016 

S.Africa's Competition Commission : Has approved without conditions intermediate merger whereby Raflatac intends to acquire Labelcote . Recommended to tribunal that Nestlé and PAI Europe v jv be approved without conditions . Approved without conditions intermediate merger whereby Famous Brands Management to acquire Lamberts Bay Foods (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

Famous Brands buys tomato paste manufacturing plant
Monday, 4 Jul 2016 

Famous Brands Ltd : Has acquired a state-of--art tomato paste manufacturing plant, Cape Concentrate, situated in Coega precinct in Eastern Cape . Acquisition will be funded from cash reserves. . New company will comprise a strategic alliance partnership between local farmers . Facility was bought out of liquidation at a significantly discounted purchase consideration .Is anticipated that operation will be commissioned early in 2017 calendar year.  Full Article

South Africa's Famous Brands flags up to $34 mln in FY impairment

Johannesburg, March 8 South African fast-food chain owner Famous Brands said on Thursday that annual earnings would be hit by impairment charges amounting up to 400 million rand ($33.7 million) on its Gourmet Burger Kitchen (GBK) business.