Sector: Consumer Goods
The company is available at Interactive Brokers
Tiger Brands Limited (JSE:TBS) is one of Africa's largest, listed manufacturers of fast-moving consumer goods (FMCG). The company's core business includes manufacturing, marketing and distributing everyday branded food to middle-income consumers. Tiger also distributes leading brands in the home, personal care and baby sectors. The company impacts lives every day with its iconic, award-winning brands. Consumers in South Africa spend 10% of their annual total spend on Tiger products and the company is confident that its iconic brands will continue to add value to the lives of consumers.
Tiger Brands targets best-in-class profitability, underpinned by a cost-conscious culture as well as environmental, social and governance principles to drive shared value creation.
The company has leading positions in most categories and its brands are well-entrenched with consumers in South Africa. Beyond its core market, South Africa, the company has built a sizeable export business for its products throughout Africa including a successful operation in Cameroon. The company's Africa strategy builds on a clear approach to market segmentation in its established and untested markets, and a structured approach to winning in trade in prioritised product categories in its identified key markets.
Semi-Annual values ($m)
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Potential dynamics
Value Capital Partners, chaired by former Brait CEO Antony Ball, recently made further big purchases of Altron shares.
2023-08-31 15:46 +02:00JSE:PPH JSE:TBS JSE:BYI JSE:AVI JSE:TKG JSE:KAP JSE:JSE JSE:ADH JSE:SUI JSE:PPC JSE:BAT JSE:ADR JSE:ISA
Government incompetence has left critical infrastructure in tatters, forcing companies to step into the breach.
2023-07-21 09:21 +02:00JSE:GLN JSE:AGL JSE:SBK JSE:NED JSE:DSY JSE:INP JSE:INL JSE:TBS JSE:PIK JSE:AVI JSE:MPT JSE:ARH JSE:ISA
A Cameroon court has ordered banks used by MTN Group to transfer its funds into escrow over a dispute it says it has nothing to do with.
2023-06-14 15:57 +02:00
The JSE-listed fast-moving consumer goods giant has announced plans to reduce its reliance on Eskom and the national grid.
2022-08-17 10:41 +02:00
It is not yet clear just how extensive the destruction of particularly retail and warehouse property and the looting of stock in the unrest in KwaZulu-Natal and Gauteng was.
2021-07-19 06:08 +02:00JSE:SHP JSE:NED JSE:PPH JSE:CLS JSE:INP JSE:WHL JSE:MRP JSE:SPP JSE:INL JSE:TBS JSE:IPF JSE:MSM JSE:CSB JSE:FBR JSE:MPT JSE:LEW JSE:MST
Less than a year after joining Telkom’s board, former Openserve CEO Alphonzo Samuels has resigned as a non-executive director. The company has also appointed two new directors.
2021-07-02 12:22 +02:00JSE:FSR JSE:OMU JSE:TCP JSE:TBS JSE:BAW JSE:TKG JSE:MSM JSE:DTC JSE:SBP JSE:ISA
Acting minister in the presidency Khumbudzo Ntshavheni has paid tribute to Peter Matlare for his contribution to the economic development of South Africa.
2021-03-08 06:00 +02:00
South Africa’s unemployment rate hit a record high in the first quarter of this year as key sectors including agriculture shed jobs, data showed on Tuesday.
2020-06-23 05:11 +02:00
Google has hired advertising industry veteran Alistair Mokoena as its new country director for South Africa. Mokoena replaces Luke Mckend in the role.
2020-01-17 19:00 +02:00South African food producers, among the biggest on the continent, are spending hundreds of millions of rand mitigating prolonged rolling power blackouts, water supply issues and crumbling infrastructure.
2023-07-05
South Africa`s Premier Group on Tuesday posted a jump in annual profits, saying it managed to pass on the costs of the country`s worst rolling blackouts, but a possible increase in power outages could leave it struggling to meet customer demand.
2023-06-06
The South African rand hit a record low on Tuesday on the back of a strengthening dollar and souring local investor sentiment that has seen massive capital outflows from the country.
2023-05-30
South Africa`s biggest food producer Tiger Brands said on Tuesday its annual income might drop as it expected a significant rise in costs because of increased power cuts in the coming winter months, sending shares down 15% in early trade.
2023-05-30South Africa`s biggest food producer Tiger Brands said on Tuesday its four-month revenue to end January rose 17% year-on-year as it raised prices to manage soaring input costs.
2023-02-21
South African manufacturers and retailers of food and other essential products warned on Wednesday that consumers will face much higher prices unless the government urgently finds solutions to the power cuts that are crippling the economy.
2023-02-08
South African food producer Premier Group intends to make its stock market debut on the local exchange at a proposed price range of 53.82-67.04 rand per share, valuing the company at up to 8.6 billion rand ($497 million), parent firm Brait Plc said on Monday.
2022-11-14
In South Africa, a country where `braai` all-day barbecuing is a national pastime, plant-based substitutes are making surprising inroads despite a deep cultural love of meat and hostility from the regulator.
2022-11-03South Africa`s Tiger Brands will soon roll out solar power at its manufacturing sites, kicking off a multi-million rand investment into sustainable energy, the country`s biggest food producer said on Wednesday.
2022-08-17JOHANNESBURG (Reuters) -South Africa`s largest food producer Tiger Brands said on Tuesday its fruit canning business would extend operations for a further season to save over 4,500 jobs, while it talks to possible buyers for the unit.
2022-07-12JOHANNESBURG (Reuters) -Tiger Brands will intensify efforts to reduce costs and minimise price rises but significant increases are inevitable, South Africa`s largest food producer said on Wednesday as it reported a decline in profit.
2022-05-25
CAPE TOWN (Reuters) -South Africa`s Tiger Brands is co-investing in plant-based food company Herbivore Earthfoods with private equity firm Secha Capital, one of its directors said on Monday, as the food producer forays into the fast-growing plant protein sector.
2022-03-28
* Inflation will be similar to FY 2021-CFO (Adds price increases)
2021-11-19
* Resumes interim dividend of 320 cents a share (Recasts with venture capital fund)
2021-05-20South Africa`s biggest food producer Tiger Brands said on Wednesday it expected headline earnings from continuing operations to rise as much as 20% in the six months to March 31.
2021-02-17
* Will lose 302 mln rand from foregoing price increases (Adds details and earnings forecast)
2020-08-21
South African food producer Tiger Brands will sell its processed meats business through two separate deals for a combined 428 million rand ($24.7 million), it said on Monday.
2020-08-17
South Africa retailer Massmart Holdings Ltd has started talks with unions to cut up to 1,800 jobs at the company`s struggling Game stores as constrained spending and the new coronavirus weigh on performance, the company said on Tuesday.
2020-07-07JSE:TBS JSE:AVI JSE:ACL JSE:SPG JSE:MSM JSE:MPT JSE:LEW JSE:ARH
* Will rationalise personal care brands (Adds business updates, cost savings)
2020-05-25
South Africa`s biggest food producer Tiger Brands said on Wednesday it took a 557 million rand ($30.86 million)impairment charge on its export businesses as trading conditions remained difficult amid the coronavirus pandemic.
2020-05-20
South Africa`s leading food producer Tiger Brands warned on Wednesday that it expects half-year headline earnings to fall as much as 36% as its bakery and pasta business faced pricing pressure and a legal dispute wiped out exports to Nigeria.
2020-02-12
South Africa`s Tiger Brands posted a 17% drop in its annual earnings on Friday, dented by ongoing margin compression across the grains portfolio, lower sales in export markets and slower-than-anticipated recovery of its processed meat business.
2019-11-22
South Africa`s Tiger Brands is exploring the sale of its processed meats business, which was temporarily closed last year following the world`s largest ever listeria outbreak, it said on Friday.
2019-11-08
* Consumer income under pressure in South Africa (Adds CFO quotes, recasts lead)
2019-05-22
* Stocks down after tepid retail sales (Updates to reflect afternoon trading)
2019-05-15South Africa`s leading food producer Tiger Brands said on Wednesday it will fight a class action lawsuit over its role in the world`s largest ever listeria outbreak.
2019-04-17
* Stocks slip as rand hedges suffer (Adds latest prices, analyst quotes)
2018-11-22
South Africa`s Tiger Brands , which is recovering from a food contamination crisis, will spin off its 42 percent stake in fishing company Oceana Group, worth $330 million, to focus on growing its food and drinks business.
2018-11-22
South African assets weakened across the board on Tuesday, erasing gains from the previous session as appetite for riskier assets was muted by global concerns.
2018-10-23
* Clover has boosted profit with new strategy (Adds analyst quote, background)
2018-10-19
Tiger Brands said on Friday it had re-opened a facility that was closed after South Africa`s biggest food producer was implicated in the world`s largest outbreak of listeria which killed more that 200 people.
2018-10-12
