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
(2017
sales of 83.65 million Dinar [US$34.52 million]
),
Centrale Danone SA
of Morocco
(6.55 billion Moroccan Dirhams [US$709.19 million]
), and
Societe Delice Holding SA
which is
based in Tunisia
(805.28 million Dinar [US$332.35 million]
).
Sales Analysis.
During the year ended June of 2017, sales at
Clover Industries Limited were 10.06 billion South African Rands (US$814.14 million).
This
is
an
increase of 2.4%
versus 2016, when the company's sales were 9.82 billion South African Rands.
This was the fifth consecutive year of sales increases at Clover Industries Limited
(and since 2012, sales have increased a total of 39%).
Sales of Soya and Oil saw an increase
that was more than double the company's growth rate: sales were up
892.0% in 2017, from
6.63 million South African Rands to 65.77 million South African Rands.
Clover Industries Limited also saw significant increases in sales in
Dairy Fluids (up 4.9% to 4.64 billion South African Rands)
and
Fermented Products and Desserts (up 16.9% to 794.40 million South African Rands)
.
Not all segments of Clover Industries Limited experienced an increase in sales in 2017:
sales of Ingredients fell 18.9% to 216.42 million South African Rands.
(However, this segment's sales were only a very small portion of the company's overall sales).
Clover Industries Limited also experienced decreases in sales in
Dairy Concentrated Products (down 3.1% to 1.31 billion South African Rands)
.