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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