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ALVIVA HOLDINGS LIMITED - Summary announcement of the unreviewed condensed consolidated Interim financial results

Release Date: 01/03/2022 14:00
Code(s): AVV     PDF:  
Wrap Text
Summary announcement of the unreviewed condensed consolidated Interim financial results

ALVIVA HOLDINGS LIMITED
(incorporated in the Republic of South Africa) 
Registration number: 1986/000334/06 
ISIN: ZAE000227484      Share code: AVV 
“Alviva� or “the Company� or “the Group�

SUMMARY ANNOUNCEMENT OF THE UNREVIEWED CONDENSED CONSOLIDATED 
INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 
2021

AT A GLANCE

REVENUE at R11,4 billion UP 52%

EARNINGS PER SHARE at 331,6 cents UP 201%

HEADLINE EARNINGS PER SHARE at 265,4 cents UP 142%

NET ASSET VALUE PER SHARE at 2 457,6 cents UP 26%

NET TANGIBLE ASSET VALUE PER SHARE at 1 800,9 cents UP 43%

DIVIDEND DECLARED
No interim dividend was declared for the reporting period

OVERVIEW

The Group has delivered an excellent set of results, with all 
operating entities delivering either to or in excess of our 
expectations. The acquisition of Tarsus Technology Group 
Proprietary Limited (“Tarsus�) with effect 1 July 2021 has had a 
material effect on these financial results and, in some cases, 
makes comparison with amounts in the prior reporting period less 
meaningful.

PROSPECTS AND STRATEGIC INITIATIVES

Alviva has had a strong start to the reporting period to 30 June 
2022. Demand remains buoyant for the products and services that 
the Group supplies, albeit that both economic and logistical 
challenges remain. Consequently, the Board is optimistic that the 
Group will comfortably exceed its earnings from those generated 
in the previous year. Any forward looking statement has not been 
reviewed or reported on by the Company’s external auditors.

SHORT-FORM ANNOUNCEMENT

This short-form announcement is the responsibility of the 
directors and is only a summary of the information contained in 
the full announcement and does not include full or complete 
details. The information in the short-form announcement has been 
extracted from the unreviewed condensed consolidated interim 
financial results for the six months ended 31 December 2021 (“the 
full announcement�) and has not been reviewed or audited by the 
Company’s auditors. Any investment decisions by investors and/or 
shareholders should be based on the full announcement which is 
available on 
https://senspdf.jse.co.za/documents/2022/JSE/ISSE/AVVE/Int22.pdf 
and published on the Company’s website on 
https://www.alvivaholdings.com/media/Int22.pdf
on 1 March 2022. Copies of the full announcement may be requested 
from the Company’s registered office and the offices of the 
Sponsor during office hours at no cost at the contact details 
below and are also available for inspection at the registered 
office of the Company and the offices of the Sponsor. 

By order of the Board 

A Tugendhaft                              P Spies   
Chairperson                               Chief Executive Officer

Midrand
1 March 2022

ALVIVA HOLDINGS LIMITED 

DIRECTORS:  
A Tugendhaft * (Chairperson), P Spies (Chief Executive Officer), 
SH Chaba*^, RD Lyon (Chief Financial Officer), PN Masemola *^, 
MG Mokoka *^, P Natesan*^ (Lead Independent Director)  
 
* Non-executive      ^ Independent

REGISTERED OFFICE: 
The Summit, 269, 16th Road, Randjespark, Midrand, 1685  

PREPARER OF RESULTS: RD Lyon CA  

COMPANY SECRETARY: SL Grobler CA(SA)  

TRANSFER SECRETARIES: 
Computershare Investor Services (Pty) Ltd, Rosebank Towers, 
15 Biermann Avenue, Rosebank, 2196  

AUDITORS: 
SizweNtsalubaGobodo Grant Thornton Incorporated, 
Registered Auditors, 20 Morris Street East, Woodmead, 2191 

SPONSOR:
Deloitte & Touche Sponsor Services (Pty) Ltd, Deloitte Place, 
5 Magwa Crescent, Waterfall City, Midrand, 2090

http://www.alvivaholdings.com

Date: 01-03-2022 02:00:00
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