Investing News

• Financial Projections: Efora Energy expects a headline loss per share between 1.67 cents and 1.77 cents.
• Compliance: Efora issued the trading statement under JSE rules, highlighting a significant financial decline.
• Publication Date: The audited results for the year ended February 29, 2024, will be published on July 29, 2024.

• Revenue and Earnings: Kumba reported R35.8 billion in revenue and a 26% drop in earnings per share.
• Financial Metrics: The company achieved R9.1 billion in free cash flow and maintained a 44% EBITDA margin.
• Dividend Declaration: An interim dividend of R18.77 per share was declared, with a gross dividend of 1,877.00 cents.

• Revenue Growth: Cashbuild reported a 4% revenue increase in Q4 FY 2024 compared to the previous year.
• Quarterly Sales Surge: The group saw a 13% increase in revenue during the 14-week fourth quarter.
• Store Expansion: Cashbuild opened 3 new stores and refurbished 16 locations in the fourth quarter.

• Sales Performance: Richemont’s sales grew 1% at constant exchange rates but fell 1% at actual exchange rates.
• Regional Sales: Europe, the Americas, and Japan showed growth, while Asia Pacific experienced a significant decline.
• Channel Performance: Retail and online sales increased slightly, but wholesale and royalty income dropped by 6%.

Clientèle Limited, a South African financial services group, has successfully completed the acquisition of 1Life Insurance (RF) Limited. This follows

Murray & Roberts Holdings Limited (Murray & Roberts) has announced a significant contract win for its subsidiary, Cementation Americas. The

Goldman Sachs has reduced its stake in Clicks Group Limited. The company announced the disposal of its beneficial interest. The

Sappi Limited has announced the sale of its Lanaken mill in Belgium. This decision follows its November 2023 plan to