The coronavirus pandemic has dented AVI’s earnings, while increasing expenses, with the company now expecting headline earnings per share for the year to decrease by between 7% and 12%.

The group said, however, that the business’s diversification has helped it offset weak trade in some divisions, like fashion, with increased sales in others, such as its snack businesses...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.