Kaap Agri reinstates interim dividend as earnings rise 24%

Kaap Agri says trading conditions in its retail categories were better than expected in the first six months of the financial year 🔒

2021-05-06 08:57:00 PM

Kaap Agri says trading conditions in its retail categories were better than expected in the first six months of the financial year 🔒

Agricultural machinery distributor says trading conditions in its retail categories were better than expected in the first six months of financial year

06 May 2021 - 10:41Andries MahlanguKaap Agri, which manufactures, markets and distributes agricultural machinery and equipment, has reinstated an interim dividend, signalling a degree of confidence among its management that the worst could be behind them after the Covid-19-induced setback.

COVID-19 in Gauteng: Makhura considering further restrictions Corruption is 'reducing the image of the ANC', says Ramaphosa Honey laundering: Transcontinental scheme puts fake honey into our supermarkets - The Mail & Guardian

On Thursday, the Western Cape-based agricultural services group declared an interim dividend of 40c a share after the release of its half-year results in which its profits rose nearly a quarter...BPremiumThis article is reserved for our subscribers.A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Read more: Business Day »

LIVESTREAM: Shaleen Surtie-Richards laid to rest

Friends and family of Shaleen Surtie-Richards will say their final farewell goodbyes at her funeral service.

WATCH: Kaap Agri reinstates its interim dividendKaap Agri CEO Sean Walsh talks to Business Day TV about the company’s half-year performance

WATCH: Kaap Agri reinstates its interim dividendKaap Agri CEO Sean Walsh talks to Business Day TV about the company’s half-year performance

Transaction Capital resumes dividend as earnings recover from Covid-19All three divisions are near or have returned to pre-pandemic growth rates, the company says

Transaction Capital resumes dividend as earnings recover from Covid-19All three divisions are near or have returned to pre-pandemic growth rates, the company says