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MarketScreener Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Tiger Brands Limited    TBS   ZAE000071080

TIGER BRANDS LIMITED

(TBS)
  Report
End-of-day quote. End-of-day quote Johannesburg Stock Exchange - 11/26
208.46 ZAR   +0.22%
11/20TIGER BRANDS : South Africa's Tiger Brands targeting cost savings of $32 mln
RE
11/17TIGER BRANDS LIMITED : annual earnings release
08/21South Africa's Tiger Brands Chairman Mokhele to step down
RE
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Tiger Brands : South Africa's Tiger Brands targeting cost savings of $32 mln

11/20/2020 | 04:03am EST
Boxes of Jungle Oats, one of South Africa's Tiger Brands original products, are seen on a shelf  at an outlet of retailer Woolworths in Sandton

JOHANNESBURG, Nov 20 (Reuters) - Tiger Brands, South Africa's biggest food producer, is targeting cost savings of 500 million rand ($32.5 million) in the 2021 financial year and has cut 400 jobs across the business, Chief Executive Noel Doyle said on Friday.

The owner of popular food brands Jungle Oats and Tastic rice has also concluded a sale agreement for eight non-core personal care brands, among them Gill shampoo and Lemon Lite facial cream, Doyle told reporters on a call. ($1 = 15.3849 rand) (Reporting by Nqobile Dludla Editing by David Goodman )


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
OATS FUTURES (O) - CBR (FLOOR)/C1 0.96% 288.5 End-of-day quote.-2.14%
TIGER BRANDS LIMITED 0.22% 208.46 End-of-day quote.-1.07%
All news about TIGER BRANDS LIMITED
11/20TIGER BRANDS : South Africa's Tiger Brands targeting cost savings of $32 mln
RE
11/17TIGER BRANDS LIMITED : annual earnings release
08/21South Africa's Tiger Brands Chairman Mokhele to step down
RE
08/17S.Africa's Tiger Brands to sell processed meats business for $24.7 mln
RE
07/07South Africa's Massmart says 1,800 Game jobs at risk
RE
06/23South Africa's unemployment rate hit record high before virus
RE
05/25S.Africa's Tiger Brands eyes 'significant' job cuts on coronavirus
RE
05/25South African rand steadies, stocks open lower
RE
05/21TIGER BRANDS : books $30m impairment on export businesses
AQ
05/20TIGER BRANDS LIMITED : half-yearly earnings release
More news
Financials
Sales 2020 29 908 M 1 965 M 1 965 M
Net income 2020 1 332 M 87,5 M 87,5 M
Net cash 2020 1 229 M 80,8 M 80,8 M
P/E ratio 2020 26,9x
Yield 2020 2,56%
Capitalization 34 520 M 2 266 M 2 268 M
EV / Sales 2020 1,11x
EV / Sales 2021 1,06x
Nbr of Employees 10 543
Free-Float 94,6%
Chart TIGER BRANDS LIMITED
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Tiger Brands Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends TIGER BRANDS LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 8
Average target price 202,75 ZAR
Last Close Price 208,46 ZAR
Spread / Highest target 19,9%
Spread / Average Target -2,74%
Spread / Lowest Target -27,6%
EPS Revisions
Managers
NameTitle
Noel Patrick Doyle Chief Executive Officer & Executive Director
Khotso David Kenneth Mokhele Chairman
Geraldine Joslyn Fraser-Moleketi Chairman-Designate
Deepa Sita Chief Financial Officer & Executive Director
Makhuparetja Nyama Independent Non-Executive Director
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1st jan.Capitalization (M$)
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