In a slower day for corporate news, SA's biggest hospital operator, Netcare, seemingly pleased the market with its news of local profit growth. SA's second-biggest, Life Healthcare, disappointed on Thursday. In international news, US competition regulators have barred the former CEO of Pioneer from sitting on the board amid a mega deal with Exxon Mobil.said on Friday that its normalised group core profit is expected to grow by between 7.3% to 7.
said on Friday market conditions continued to improve in its first quarter to end March, with stronger order books leading to higher sales volumes across our range of paper grades compared to the prior quarter. This was supported by a solid performance in its downstream converting operations. Average selling prices were lower compared to the fourth quarter; however, recently announced paper price increases are starting to come through.
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