SOUTH AFRICA – Consumer goods group Libstar says it expects double-digit profit in its year to end-December as it benefits from improved margins and a reduction in debt after it listed in May 2018. The […]
SOUTH AFRICA – Private equity firm Actis has acquired 37.02% stake in South Africa’s owner of the Denny Mushrooms brand Libstar Holdings held by Abraaj Private Equity Fund IV (APEF IV). Last month APEF IV, […]
SOUTH AFRICA – Libstar, one of the leading producer of consumer packaged goods (CPG) in South Africa has launched an additional par-baking facility at its bakery division, Amaro Foods, to expand production capacity. The company […]
SOUTH AFRICA – Libstar, a South African consumer goods manufacturer and distributor, recorded a 12.5% increase in revenues US$684.34 million during its 2018 financial year which the company attributed to the increased innovation during the […]
SOUTH AFRICA – The new JSE listed food and personal care company, Libstar has posted dismal results with 13.8% decrease in operating profit to US$14.55 million after recording impacts from lower price realisations from mushrooms. […]
SOUTH AFRICA – Libstar Holdings, South Africa’s leader in consumer packaged goods industry has said that its headline earnings per share from continuing operations for the half year ended June 30 may be half the […]
SOUTH AFRICA – South Africa’s consumer packaged food company, Libstar Holdings Ltd is set to launch new ranges of yoghurt and shakes by July in competition against France’s Danone and other local leaders in the […]
SOUTH AFRICA – Libstar Holdings Pty Ltd, the South African consumer goods manufacturer and distributor plans to raise US$124 million as well as sell its existing shares held by certain stakeholders ahead of May 9 […]
