Tiger Brands warns of drop in full-year earnings
The food producer is to dispose of its value-added meat products businesses, previously linked to the listeria outbreak
Food producer Tiger Brands expects a drop in full-year earnings of at least 76% in the first six months of its financial year.
Earnings per share (EPS) from total operations for the year ending September 30 2020 is expected to be between 76% and 79% lower than the R23.33 reported in the previous financial year, it said in a statement on Friday. ..