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News archive
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Iliad Africa reports 72,1% drop in earnings per share at the interim stage
24 August 2009
In one of the most challenging trading periods since listing Iliad Africa Limited, listed in the industrial suppliers sector of the JSE, recorded earnings per share of 21,4 cents per share for the six months to 30 June 2009, a decrease of 72,1% on 76,9 cents per share in 2008. Turnover dropped by 13,3% to R1,94 billion, reflecting the turbulent business environment, the significant decline in building plans passed and the slowdown in thefinishing end of the industry. Click here to read more |
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Iliad Africa records strong growth
March 2007
Iliad Africa Ltd, the listed supplier of general and specialised building materials, has posted its ninth successive year of earnings growth for the 12 months to 31 December 2006. In line with expectations, earnings per share rose 24% above 2005 to 138,3 cents. Turnover increased by 25% to R3,4 billion while earnings increased 25,5% to R202 million. The operating margin was stable at 8,3%. The directors note that working capital remained tightly managed, with the working capital to sales ratio dropping to 6,7% (2005 7,9%). Click here to read more |
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