FAMOUS BRANDS REPORTS SOLID LOCAL RESULTS MITIGATES GBK UK UNDERPERFORMANCE WITH RESTRUCTURE STRATEGY Brands: strong organic growth by Leading brands in SA and AME; disappointing performance from GBK UK Logistics: Commenced ten-year capacity building programme Manufacturing: Launched plant-wide efficiencies programme Revenue up 5.4% to R3.58bn Operating profit up 3.9% to R421.8m HEPS up 10.6% to […]
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Entries by mls880
FAMOUS BRANDS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1969/004875/06) Share code: FBR ISIN code: ZAE000053328 (“Famous Brands” or “the Company” or “the Group”) STRATEGIC DECISION: GOURMET BURGER KITCHEN LTD (GBK) Reference is made to the cautionary announcements issued on 17 August and 28 September 2018. A decision has been taken by […]
FAMOUS BRANDS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1969/004875/06) Share code: FBR ISIN code: ZAE000053328 (“Famous Brands” or “the Company” or “the Group”) TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 AUGUST 2018 Famous Brands is satisfied that a reasonable degree of certainty exists that the financial results of the Group […]
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1. NO CHANGE STATEMENT Shareholders are advised that the Company’s annual financial statements and Integrated Annual Report will be available on its website at www.famousbrands.co.za from Thursday, 28 June 2018, and contains no modifications to the summarised audited results, published on the Stock Exchange News Service on 24 May 2018 or the independent external auditors […]
FAMOUS BRANDS’ CORE BUSINESS DELIVERS STRONG RESULTS DESPITE UNDERPERFORMANCE OF GBK UK SA business performed well across the value chain: Brands, Logistics and Manufacturing Positive local currency growth achieved in the AME region Underperformance by Gourmet Burger Kitchen (GBK) business Johannesburg; Thursday, 24 May 2018: Famous Brands is Africa’s largest branded food services franchisor. The […]