Clover Industries Limited operates within the Fluid milk sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Clover Industries Limited with three other
dairy companies in Africa:
Ste Elbene Industrie SA
of Tunisia
(2018
sales of 34.83 million Dinar [US$12.21 million]
),
Centrale Danone SA
of Morocco
(4.91 billion Moroccan Dirhams [US$507.32 million]
), and
Societe Delice Holding SA
which is
based in Tunisia
(844.48 million Dinar [US$296.10 million]
).
Sales Analysis.
During the year ended June of 2018, sales at
Clover Industries Limited were 8.31 billion South African Rands (US$565.08 million).
This
is
a
decrease of 17.4%
versus 2017, when the company's sales were 10.06 billion South African Rands.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Clover Industries Limited had sales
of 8.00 billion South African Rands.
Contributing to the drop in overall sales was the 73.5% decline
in Dairy Fluids, from 4.64 billion South African Rands to 1.23 billion South African Rands.
There were also decreases in sales in
Ingredients (down 18.5% to 176.48 million South African Rands)
.
However, these declines were partially offset by the increase in sales of
Non-Alcoholic Beverages (up 1.7% to 2.41 billion South African Rands)
and
Dairy Concentrated Products (up 13.7% to 1.49 billion South African Rands)
and
Fermented Products and Desserts (up 25.7% to 998.85 million South African Rands)
and
Soya and Oil (up 93.0% to 126.93 million South African Rands)
.