Market News



Libstar first-half profits take a 42% knock

by Business Report   |   05 September 2018

LIBSTAR Holdings reported a 42.51 percent decline in profits, negatively impacted by subdued economic activity and lower consumer spending in South Africa

Read more

Kosgroep Libstar sê sy syferssalverbeter

by Sake 24   |   05 September 2018

Verbruikers koop al hoe meer voorbereide maaltye vir gerief, maar wil hé dit moet ook gesond wees.

Read more

New JSE entrant Libstar’s profit declines 13% impacted by lower mushroom prices

by Food Business Africa   |   05 September 2018

The new JSE listed food and personal care company, Libstar has posted dismal results with 13.8% decrease in operating profit to US$14.55 million after recording impacts from lower price realisations from mushrooms.

Read more

Libstar wants shareholder to trim stake

by Business Day   |   05 September 2018

Libstar, the food producer and supplier that has struggled to make a mark since its listing in May, wants its biggest share holder to reduce its stake in a move to boost liquidity in the firm's shares.

Read more

Consumer-goods manufacturer Libstar aims to raise R1.5bn

by Business Day   |   25 April 2018

Consumer goods manufacturer and distributor Libstar, which generates nearly R9bn a year in revenue, aims to raise R1.5bn ahead of a planned JSE listing on May 9.

Read more

South Africa's Libstar targets at least $692 million valuation in IPO

by Reuters   |   24 April 2018

Libstar Holdings (IPO-LBRJ.J) on Tuesday priced its initial public offering in a range of 12.50 rand and 16 rand, valuing the South African maker of sweets and gluten-free buns at 8.5 billion rand ($691.9 million) or more.

Read more

JSE listing for food superstar Libstar

by Financial Mail   |   19 April 2018

The producer has upped revenue and profit in a sector in which growth has been difficult to achieve...

Read more

Is the glass half full?

by Financial Mail   |   12 April 2018

Will the listing of consumer-focused Consol and Libstar be worth backing?

Read more

Libstar plans on listing on JSE

by Business Day   |   10 April 2018

Consumer products company’s offerign targets subscription of new shares worth R1.5bn and free float of 40%...

Read more

Libstar planning to list on the JSE

by Cape Times Business Report   |   10 April 2018

A leading producer and supplier of high-quality products in the consumer packaged goods industry has said that it planned to list on the JSE by offering new shares to raise about R1.5 billion.

Read more

Produsent Libstar stel visier op JSE

by Die Burger Sakenuus   |   10 April 2018

Lib­star, wat ver­skeie kos­pro­duk­te on­der ver­skil­len­de han­dels­na­me pro­du­seer en on­der meer pro­duk­te aan KFC, M­cDo­nald’s en Nan­do’s voor­sien, wil op die JSE no­teer.

Read more