2HFY2020 results


Cortina posts 19% higher 2H20 earnings of $20.4 mil on higher revenue and improved sales margins

This brings Cortina’s earnings for FY20 to $39.3 million, up 36% from FY19’s earnings of $29.0 million.


F&N posts 2.7% decline in 1H earnings to $71.8 mil, declares 1.5 cent dividend

Although F&N says its distribution logistics across the markets it operates in remain largely intact and unaffected by Covid-19 disruptions, the group is bracing for weaker consumer demand in its beverage and dairies operations in 2HFY2020.