Innscor registers 20,2% growth in revenue
The snacks business operated at capacity for the period, delivering a pleasing 31% volume growth over the comparative period.
By Belinda Chiroodza
Mar. 25, 2024
Innscor revenue to breach US$1bn mark
The report noted that Innscor would continue optimising manufacturing efficiencies and extracting synergies across its expanded asset base.
By Mthandazo Nyoni
Feb. 16, 2024
Innscor’s brewing unit performance in line with expectations
The company entered the opaque beer market with the Nyathi brand in December 2022 introducing a 1.25 litre regular sorghum beer, creating more than 130 jobs.
By Own Correspondent
Dec. 6, 2023
Farmers, millers feel the heat of flour imports
Industry players reacted angrily to the notification, which was contained in a letter dated November 06 2023.
By Freeman Makopa
Nov. 24, 2023
Innscor splashes US$109m on expansion projects
In terms of regional focus, Schonken said at the moment they did not have any concrete plans but added: “it is something that we are always looking at”
By Elma Zhoya
Jun. 18, 2023
Innscor revenue projected to grow by 16%
Hence, IH Securities expects these “optimal pricing strategies” to continue to grow the group’s revenue further in its current 2023 financial year that will end on June 30, 2023.
By Tatira Zwinoira
Apr. 20, 2023
Top stock picks for 2023
We identify four stocks that exhibit one or more of these characteristics, namely Innscor Africa, Delta Corporation, Simbisa Brands, and Hippo Valley Estates.
By Tafara Mtutu
Jan. 27, 2023
US$400k boon for Innscor workers
Addington Chinake said the dividends, which were given to the Innscor Africa Employee Share Trust, were in recognition of the workers’ commitment to the company.
By Tatenda Manyinyire and Varaidzo Mudewairi
Dec. 8, 2022
Innscor revenue projected to increase by 23%
Innscor management has revealed that indicative revenue in USD is around US$700 million for the financial year 2022 with a net profit of US$90 million.
By Mthandazo Nyoni
Nov. 29, 2022
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