WATCH: Why Famous Brands has withheld its dividend

Image: FAMOUS BRANDS

Famous Brands is back in the black and has reported a profit of R426m, but has opted to hold on to its full-year dividend to preserve cash to buffer the company against the fallout from the coronavirus pandemic.

Business Day TV spoke to CEO Darren Hele for his take on the numbers and what it means for the company.


Would you like to comment on this article or view other readers' comments? Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

X