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AVI H1 consolidated HEPS seen 8%-11% higher

23 Jan 2015

Consumer goods group AVI (AVI) expects its consolidated headline earnings per share in the six months to December to rise by between 8% and 11% from a year-earlier period.

AVI‚ which owns brands including Five Roses and Bakers‚ said on Friday, 23 January 2015, revenue in the review period was anticipated to have risen 11.1% to R6.1bn.

The company said its overall sales performance was "sound in a tough trading environment"‚ with the group realising higher selling prices in all categories.

The interim results are expected on 9 March 2015.

Source: BDpro via I-Net Bridge

Source: I-Net Bridge

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