The Business of Rugby and results from EOH and CLOVER
Simon chats about the Finweek cover story, The Business of Rugby, as Kagiso Media buys a 50% stake in the Blue Bulls and results from Clover and EOH.
Marc Ashton, editor Finweek on the cover story, The Business of Rugby by Simona Levet
Johann Vorster – CEO, Clover
Market loved the results as they grew revenue over 10% but HEPS only modestly due to new shares in issue. Margins at 5.1% with the target being 6.5% and they are looking at Africa for further growth. The Real Juice Co. an important acquisition as they leverage their distribution network.
Asher Bohbot – CEO, EOH
Typical solid results from EOH as they combine organic and acquisitive growth. Margins slightly higher and they are also looking into Africa, but very cautiously.
Link for the week:
Top 10 Biggest Trading Losses in History