Agritech startup Clover raises US$5.5m in Series A funding round to scale operations
INDIA – Clover, a Bengaluru-based agritech startup has raised US$5.5 million from a pool of…
Clover
Sugar tax takes toll on South Africa’s Clover Industries Limited performance
SOUTH AFRICA – Clover Industries Limited, a South African branded consumer goods and beverages group,…
Clover’s annual profit more than triples after a US$29m impairment in DFSA
SOUTH AFRICA – Clover Industries has reported that normalized annual profit more than tripled following…
Clover shares grow on expected increase in headline earnings
SOUTH AFRICA – The branded foods and beverages group, Clover Industries said it expects its…
Clover expects 20% increase in earnings on improved market conditions
SOUTH AFRICA – The branded foods and beverages group, Clover Industries Ltd expects headline earnings…
Clover Industries partners with FUTURELIFE to launch new nutritional dairy drink
SOUTH AFRICA – Clover Industries Limited, the branded foods and beverages group has partnered with…
Improvement initiatives push Clover’s revenue growth by 7.7%
SOUTH AFRICA – Clover S.A. Ltd, consumer goods and products producer reported 7.7% revenue growth…
Dairy producer Clover appoints Frantz Scheepers as CFO
SOUTH AFRICA – Frantz Scheepers has been appointed the new CFO of Clover Industries, replacing…
Clover lowers earnings outlook on effects of drought and currency
SOUTH AFRICA – Clover says headline earnings per share for the year to June are expected to be 50% to 65% down from 2016 as “stagnant and falling” selling prices and rising input costs are forcing it to make difficult decisions about long-term growth.
Clover closes milk value chain restructuring, to focus on new path
SOUTH AFRICA – Clover has wrapped up the restructuring of the company, a move CE Johann Vorster called the “most exciting change in the business” since the dairy company listed seven years ago.