SA’s largest alcohol producer grew revenue to pre-pandemic revenue levels in SA despite lockdowns and a series of alcohol bans 🔒
SA’s largest alcohol producer Distell has bounced back to above pre-pandemic revenue levels in SA despite lockdowns and two alcohol bans, but it is holding on to dividends for its 2021 year, a condition of a potential takeover from Heineken.
The producer of Savanna cider and Klipdrift brandy said on Thursday that headline earnings, a measure of profit, tripled to R1.7bn in its year to end-June, with revenue in SA growing 5.8% compared with 2019, and 29.4% from 2020...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rand holds below R15/$ amid speculation on future of US stimulusThe rand was relatively flat at R14.96/$ in early trade
Read more »
Cash-flush DRDGold looks to go greenOperating profit increased by 39% to R2.2bn while headline earnings were 127% higher
Read more »
Fourteen years and counting as DRDGold declares final dividendOperating profit increased by 39% to R2.2bn while headline earnings were 127% higher
Read more »
Malema challenges SANDF: 'Bring it on, I’m not scared of rubbish'Responding to the SANDF's statement, Malema welcomed any potential attempt to prosecute him.
Read more »
Malema challenges SANDF: 'Bring it on, I’m not scared of rubbish'Malema sparked debate on social media recently when he shared a message allegedly from a soldier deployed in KwaZulu-Natal pleading for help, and claimed 'the army is threatening to withdraw”.
Read more »