(incorporated in the Republic of South Africa) Registration number: 1986/000334/06
ISIN: ZAE000227484 Share code: AVV "Alviva" or "the Company" or "the Group"
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
SUMMARY ANNOUNCEMENT
OF THE UNREVIEWED
CONDENSED CONSOLIDATED
INTERIM FINANCIAL
RESULTS
for the six months ended 31 December 2021
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.pdfon 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 | Midrand |
Chairperson | Chief Executive Officer | 1 March 2022 |
Alviva Holdings Limited
^ | |||||||
Directors: A Tugendhaft * (Chairperson), P Spies (Chief Executive Officer), SH Chaba* , RD Lyon | |||||||
^ | ^ | , P Natesan* | ^ | (Lead Independent Director) | |||
(Chief Financial Officer), PN Masemola * , MG Mokoka * | |||||||
* 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 | GRAPHICULTURE | ||||||
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 | |||||||
www.alvivaholdings.com | |||||||
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Disclaimer
Alviva Holdings Limited published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 12:23:59 UTC.