AVI Limited, a leading South African company, has announced a commendable performance in a challenging trading environment for the six months ending December 31, 2023. The company faced obstacles such as port inefficiencies and persistent load-shedding across its sites, impacting supply chains and operational costs.
AVI Limited’s segmental revenue for the period showed a robust 7.1% increase compared to the same period in 2022. Here is a breakdown of the segmental revenue:
Segment | Revenue (Rm) | Change (%) |
---|---|---|
Food & Beverage Brands | 6,674.7 | 8.9 |
Entyce Beverages | 2,420.2 | 16.0 |
Snackworks | 3,101.1 | 9.8 |
I&J | 1,153.4 | (5.1) |
Fashion Brands | 1,703.4 | 0.5 |
Personal Care | 539.3 | (11.7) |
Footwear & Apparel | 1,164.1 | 7.3 |
Group | 8,378.1 | 7.1 |
AVI Limited provided an outlook for the six months ending December 2023:
AVI Limited is anticipated to release its full results for the six months ending December 2023 on or about March 4, 2024.
This website uses cookies.