Tiger Brands posts grim results

Tiger Brands’ annual results paint a gloomy picture for the company still recovering from the worst listeria outbreak in SA’s history.

The group’s revenue for the year ended September 2018 was down 9% to R28.5 billion, with operating income declining 28% to R3.3 billion.

Heps shed 26% to 1 587 cents per share. – Moneyweb