Revenue jumped to R6.5 billion (2021: R4.7 billion) and operating profit before impairment of intangible assets shot up to R654.6 million (2021: R294.7 million). Profit for the year attributable to owners of Famous Brands turned around to R317.7 million (2021: loss of R1.2 billion). In addition, headline earnings per share from continuing operations leaped to… Read more »
Further to the announcement released by the Company on 11 June 2021 relating to the resignation of Ms Lebo Ntlha, the Group Financial Director, effective 30 November 2021, shareholders are advised that in terms of paragraph 3.59 of the Listing Requirements of the JSE Limited, Mr Deon Fredericks has been appointed as Group Financial Director… Read more »
For The Twelve Months Ended 28 February 2021 Background The announcement of the COVID-19 pandemic in March 2020 coincided with the first month of the Group’s review period, and its impact has been evident over the entire twelve months, in varying degrees, as the respective countries’ risk-adjusted strategies progressed from total lockdown to gradual easing… Read more »
Shareholders are referred to the announcements released on the JSE Stock Exchange News Service regarding the withdrawal of Special Resolution Number 4 in relation to the “General authority to issue shares for cash” on 22 July 2020 and Ordinary Resolution Number 5 in relation to “General authority for directors to allot and issue shares” on… Read more »
Revenue up to R7.8bn (2019: R7.7bn) Headline earnings per share up to 417 cents (2019: 316 cents)* Cash generated from operations (adjusted for IFRS 16 impact) up to R1.1bn (2019: R1.0bn) Operating profit up to R912m (2019: R847m)* * Includes impact of adoption of IFRS 16 Famous Brands is Africa’s leading food services franchisor. The… Read more »