WATCH: Why Famous Brands has withheld its dividend
Famous Brands CEO Darren Hele talks to Business Day TV about the company’s full-year results
Famous Brands is back in the black and has reported a profit of R426m, but has opted to hold on to its full-year dividend to preserve cash to buffer the company against the fallout from the coronavirus pandemic.
Business Day TV spoke to CEO Darren Hele for his take on the numbers and what it means for the company.
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