AVI’s headline earnings recover to prepandemic levels
Food and beverage brands accounted for most of the revenues with 80.6% and fashion brands bringing in the rest
05 September 2022 - 08:26
The headline earnings of consumer goods company AVI, which owns Five Roses, Freshpak, I&J and Bakers Biscuits in SA, returned to prepandemic levels in 2022 despite a tough year for consumers, it said on Monday.
Headline earnings per share (Heps) jumped 6.1% to 530.6c in its results to end-June from 499.9c in 2021, 470.8c in 2020 and 516.6c in 2019...
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