Innscor projected revenue expected to rise by 9%
In its trading update, Innscor said the bold policy measures taken by authorities to support growth had caused the group to rebase its underlying business models.
By Tatira Zwinoira
Aug. 9, 2024
Mixed views over 2024 prospects
In the first quarter, businesses observed authorities making several significant modifications to fiscal policy.
By Melody Chikono
May. 24, 2024
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’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
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
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
Innscor on growth trajectory
Despite the tough operating environment, the group is also looking at capitalising on the gains experienced and achieved over the past year.
By Melody Chikono
Nov. 1, 2022
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