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United Kingdom

Tongaat Hulett Ltd (TONJ.J)

TONJ.J on Johannesburg Stock Exchange

5,225.00ZAc
18 Jan 2019
Change (% chg)

-33.00 (-0.63%)
Prev Close
5,258.00
Open
5,381.00
Day's High
5,381.00
Day's Low
5,111.00
Volume
253,033
Avg. Vol
306,305
52-wk High
12,043.00
52-wk Low
4,848.00

Latest Key Developments (Source: Significant Developments)

Tongaat Hulett Appoints John Gavin Chief Executive
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Tongaat Hulett Ltd ::APPOINTMENT OF CHIEF EXECUTIVE OFFICER.APPOINTMENT OF JOHN GAVIN HUDSON AS CHIEF EXECUTIVE OFFICER.APPOINTMENT OF HUDSON IS WITH EFFECT FROM 1 FEBRUARY 2019.  Full Article

Tongaat Finalising Appointment Of New Permanent CEO
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Tongaat Hulett Ltd ::JSE: TON - UPDATE ON APPOINTMENT OF CHIEF EXECUTIVE OFFICER.TONGAAT HULETT LTD - APPOINTMENT OF A NEW PERMANENT CHIEF EXECUTIVE OFFICER AND A DETAILED ANNOUNCEMENT WILL MADE BEFORE END OF JANUARY 2019.TONGAAT - BOARD IS FINALISING APPOINTMENT OF A NEW PERMANENT CHIEF EXECUTIVE OFFICER AND A DETAILED ANNOUNCEMENT WILL MADE BEFORE END OF JAN 2019.  Full Article

Tongaat HY Headline LOSS OF R87 Mln VS Headline Earnings Of R661 Mln
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Tongaat Hulett Ltd ::JSE: TON - INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2018.TONGAAT HULETT LTD - HY HEADLINE LOSS OF R87 MILLION (2017: HEADLINE EARNINGS OF R661 MILLION).TONGAAT HULETT LTD - REVENUE INCREASED 9% TO R8,808 BILLION FOR SIX MONTHS ENDED 30 SEPTEMBER 2018.TONGAAT HULETT LTD - HY SUGAR OPERATIONS RECORDED A COMBINED OPERATING PROFIT OF R1,138 BILLION (2017: R1,308 BILLION).TONGAAT HULETT LTD - TOTAL SUGAR PRODUCTION IN 2018/19 IS ESTIMATED TO BE BETWEEN 1 311 000 TONS AND 1 352 000 TONS.TONGAAT HULETT LTD - SUGAR PRODUCTION IN 2019/20 IS EXPECTED TO EXCEED 1 400 000 TONS.TONGAAT HULETT LTD - IN CURRENT ECONOMIC CONDITIONS, SOME RECOVERY IN CONSUMER DEMAND IS EXPECTED IN SECOND HALF OF FINANCIAL YEAR.  Full Article

Tongaat Hulett Sees HY HLPS OF 74 CENTS
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Tongaat Hulett Ltd ::TONGAAT HULETT LTD - HY OPERATING PROFIT IS EXPECTED TO BE R530 MILLION.TONGAAT HULETT LTD - LOSS PER SHARE OF 94 CENTS IS EXPECTED FOR SIX MONTHS ENDED 30 SEPTEMBER 2018.TONGAAT HULETT LTD - A HEADLINE LOSS PER SHARE OF 74 CENTS IS EXPECTED FOR HY.TONGAAT HULETT LTD - DECLINE IN OPERATING PROFIT IS LARGELY ATTRIBUTABLE TO LAND TRANSACTIONS THAT WERE NOT CONCLUDED BY 30 SEPTEMBER 2018.TONGAAT - LOCAL MARKET CONDITIONS IN SOUTH AFRICAN, MOZAMBIQUE SUGAR OPERATIONS NEGATIVELY IMPACTED REVENUE, CANE VALUATIONS REDUCING OPERATING PROFIT.  Full Article

Tongaat Hulett Says HY Headline Earnings To Fall At Least 60 Pct
Friday, 5 Oct 2018 

Oct 5 (Reuters) - Tongaat Hulett Ltd ::HY OPERATING PROFIT IS EXPECTED TO BE AT LEAST 40% BELOW R1,471 BILLION EARNED IN SIX MONTHS ENDED 30 SEPTEMBER 2017.DECLINE IN HY FINANCIAL RESULTS DUE TO LAND CONVERSION AND DEVELOPMENT ACTIVITIES AND SUGAR OPERATIONS IN SOUTH AFRICA, MOZAMBIQUE.HEPS AND EPS FOR SIX MONTHS ENDED 30 SEPTEMBER 2018 ARE EXPECTED TO BE BELOW 230 CENTS AND 252 CENTS RESPECTIVELY.HY HEADLINE EARNINGS IS EXPECTED TO REFLECT A DECREASE OF AT LEAST 60% COMPARED TO R661 MILLION REPORTED FOR COMPARATIVE PERIOD.  Full Article

Tongaat Hulett Says Murray Munro To Step Down As CFO And Executive Director
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Tongaat Hulett Ltd ::ANNOUNCES THAT MURRAY MUNRO WILL BE STEPPING DOWN AS CHIEF FINANCIAL OFFICER OF COMPANY.ROB AITKEN, CURRENTLY A SENIOR FINANCE EXECUTIVE, WILL ASSUME RESPONSIBILITY AS ACTING CHIEF FINANCIAL OFFICER AS OF 7 AUGUST.MURRAY TO STEP AS CFO OF COMPANY AND EXECUTIVE DIRECTOR OF BOARD WITH EFFECT FROM AUG 7.  Full Article

Tongaat's CEO To Retire From Oct. 31
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Tongaat Hulett Ltd ::CONFIRMATION OF THE RETIREMENT DATE OF THE CHIEF EXECUTIVE OFFICER.PETER STAUDE WILL RETIRE AS CHIEF EXECUTIVE OFFICER OF COMPANY AND EXECUTIVE DIRECTOR OF BOARD WITH EFFECT FROM 31 OCTOBER 2018.INTERIM CEO WILL BE APPOINTED WHILE BOARD FINALISES ITS PROCESS TO IDENTIFY MR STAUDE'S PERMANENT SUCCESSOR.  Full Article

Tongaat Hulett Posts FY HEPS 534.8 CENTS
Tuesday, 29 May 2018 

May 29 (Reuters) - Tongaat Hulett Ltd ::FY REVENUE OF R16,982 BILLION (2017: R17,915 BILLION).FY HEADLINE EARNINGS PER SHARE DILUTED 534.8 CENTS.  Full Article

Tongaat Hulett Says FY Operating Profit Expected To Be R1,958 Billion
Thursday, 17 May 2018 

May 17 (Reuters) - Tongaat Hulett Ltd ::FY OPERATING PROFIT IS EXPECTED TO BE APPROXIMATELY R1,958 BILLION COMPARED TO R2,333 BILLION.FY OPERATING PROFIT FOR VARIOUS SUGAR OPERATIONS IS ANTICIPATED TO BE R837 MILLION (2017: R1,271 BILLION).HEADLINE EARNINGS FOR YEAR IS EXPECTED TO BE APPROXIMATELY R617 MILLION (2017: R982 MILLION).FY HEADLINE EARNINGS PER SHARE IS EXPECTED TO BE APPROXIMATELY 535 CENTS PER SHARE (2017: 853 CENTS PER SHARE).  Full Article

Tongaat Hulett Sees FY HEPS To Be Below 597 Cents Per Share
Thursday, 26 Apr 2018 

April 26 (Reuters) - Tongaat Hulett Ltd ::TONGAAT HULETT - HEADLINE EARNINGS FOR YEAR ENDED MARCH3 1 ARE EXPECTED TO REFLECT A DECREASE OF AT LEAST 30% COMPARED TO YEAR ENDED 31 MARCH 2017..TONGAAT HULETT LTD - SEES FY EPS AND HEPS TO BE BELOW 597 CENTS PER SHARE, A REDUCTION OF AT LEAST 30 PERCENT COMPARED TO PRIOR YEAR.  Full Article

South African's Tongaat swings to HY loss, shares dive

JOHANNESBURG, Nov 9 South Africa's Tongaat said on Friday it had swung into a half-year loss due to poor market conditions in its South African and Mozambique sugar operations, sending its shares nearly 12 percent lower.