Tiger Brands flags FY earn­ings fall

The Citizen (KZN) - - BUSINESS -

Tiger Brands ex­pects full year head­line earn­ings per share to fall be­tween 25 and 30% com­pared with the pre­vi­ous year.

In Au­gust, the com­pany had fore­cast head­line earn­ings per share, ex­clud­ing costs from a dis­posal of its Haco busi­ness in De­cem­ber 2017, of be­tween 22 and 37%.

The com­pany’s earn­ings for the year to the end of Septem­ber were im­pacted by a prod­uct re­call in re­sponse to a deadly lis­te­ria out­break in SA. –

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