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Fri 27 Mar 2026
Close: 62c 
Day's move: 1c (1.64%)
Volume: 5 000
Trades: 1
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Insimbi - initial trading statement
Insimbi announced a significant improvement in its financial performance for the year ending 28 February 2026. It expects a reduction in loss per share by at least 60%, or 22.66 cents, compared to 32.37 cents in the previous year. Headline loss per share is also projected to improve by at least 30%, or 1.95 cents, from 6.50 cents. Additionally, EBITDA is forecasted to increase by at least 40% from R51 149 000. These improvements are attributed to higher revenues, cost reductions from branch disposals, and other cost-saving measures, despite incurring some one-off costs related to the closure of unprofitable operations. The final audited results are expected around 29 May 2026.
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Insimbi - board and committee changes
Robert Dickerson will retire as an Independent Non-Executive Director and Chairperson of the Board, and, accordingly, will step down from Audit and Risk Committee, Remuneration and Nomination Committee and Social and Ethics Committee, with effect from 28 February 2026.
Nelson Mwale will be appointed as Chairperson of the Board with effect from 28 February 2026.
Cleopatra Ntshingila, will assume the role of Chair of the Remuneration Committee, with effect from 28 February 2026.
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Insimbi Industrial Holdings Ltd. - Dealing in shar
A director of a subsidiary of the company has dealt in shares.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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