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ALVIVA HOLDINGS LIMITED - UNREVIEWED CONDENSED CONSOLIDATED INTERIM FINANCIAL RESULTS for the six months ended 31 December 2020

Release Date: 01/03/2021 16:26
Code(s): AVV     PDF:  
Wrap Text
UNREVIEWED CONDENSED CONSOLIDATED 
INTERIM FINANCIAL RESULTS for the six months ended 31 December 2020

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 
2020

AT A GLANCE

REVENUE at R7,5 billion UP 2%

EARNINGS PER SHARE at 110,0 cents UP 17%

HEADLINE EARNINGS PER SHARE at 109,8 cents UP 17%

NET ASSET VALUE PER SHARE at 1 944,3 cents UP 13%

NET TANGIBLE ASSET VALUE PER SHARE at 1 258,9 cents UP 37%

DIVIDEND DECLARED 
No interim dividend was declared for the reporting period

OVERVIEW

The Group has delivered a satisfactory performance, with all of 
its operating entities contributing positively. Throughout the 
period, management has maintained the constant, but delicate, 
balancing of maintaining and refining the execution of the 
Group’s strategy whilst navigating through the uncertainty 
created by COVID-19. It is anticipated that this situation will 
remain a feature of the commercial environment for some time and 
the Group remains nimble and agile in order to react to 
circumstances as they occur.

PROSPECTS AND STRATEGIC INITIATIVES

The outlook for the year to 30 June 2021 is looking uncertain. 
The economy is struggling to recover from the effects of COVID-19 
and its related lockdowns. Nevertheless, the Group is well 
positioned to take advantage of any upturn in commercial 
activity. Consequently, the Board expects that the Group should 
exceed its earnings from those generated in the previous 12-month 
reporting period ended 30 June 2020.

Forward-looking statements have not been reviewed nor 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. 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 2020 (“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/2021/JSE/ISSE/AVVE/Int21.pdf 
and published on the Company’s website on 
https://alvivaholdings.com/wp-content/uploads/2021/03/Int21.pdf 
on 1 March 2021. 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 2021


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: 
SNG 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: 01-03-2021 04:26:00
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