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Last 2,315
Change Today +25.00 / 1.09%
Volume 139.4K
ILV On Other Exchanges
As of 7:09 AM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

illovo sugar ltd (ILV) Snapshot

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52 Week High
05/23/14 - $2,990
52 Week Low
03/27/15 - $2,126
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Current Stock Chart for ILLOVO SUGAR LTD (ILV)

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illovo sugar ltd (ILV) Details

Illovo Sugar Limited, together with its subsidiaries, produces and sells sugar and downstream products in Africa. The company offers industrial sugar comprising refined bulk sugar primarily for soft drink, confectionery, canning, and re-packing customers; refined and brown pre-pack sugar under the Illovo, Whitespoon, and Bwana Sukari names for retail and wholesale customers; bulk raw sugar for refining; specialty sugars; and syrup products. Its downstream products include ethanol, furfural and furfuryl alcohol, diacetyl, 2.3-pentanedione, agricultural nematicides, natural methanol, anhydrous alcohol, rectified and potable extra neutral alcohol, industrial alcohol, and lactulose. The company’s downstream products also comprise Crop Guard that is used as an agricultural contact nematicide at plant; MultiGuard Protect, which is developed and marketed as an agricultural contact-nematicide; Protect that is used as a nematicide and fungicide prior to planting; and BioMass Sugar, which is used as phytofortifiers/soil improvers or as a liquid organic fertilizer. It is also involved in cane growing and electricity exports activities. The company markets its products in Malawi, Mozambique, South Africa, Swaziland, Tanzania, and Zambia. Illovo Sugar Limited also exports its products to European Union and the United States. The company is based in Mount Edgecombe, South Africa. Illovo Sugar Limited is a subsidiary of ABF Overseas Limited.

12,972 Employees
Last Reported Date: 05/23/14

illovo sugar ltd (ILV) Top Compensated Officers

Managing Director, Executive Director, Member...
Total Annual Compensation: R4.3M
Financial Director, Executive Director, Membe...
Total Annual Compensation: R4.4M
Commercial Director, Executive Director, Memb...
Total Annual Compensation: R3.2M
Operations Director and Executive Director
Total Annual Compensation: R1.6M
Compensation as of Fiscal Year 2014.

illovo sugar ltd (ILV) Key Developments

Illovo Sugar Limited Announces Board Changes

Illovo Sugar Limited announced that the company's board of directors has elected Mr. Trevor Munday to succeed Mr. Don MacLeod as chairman, with effect from the close of the 2015 AGM on July 15, 2015. Mr. Munday has served on the Illovo board as an independent, non- executive director since 9 March 2010, and is a member of all its board committees. He is currently also the chairman of Reunert Limited and lead independent director of Barclays Africa Group Limited and Absa Bank Limited.

Illovo Sugar Limited Announces Appointment of Jonathan Cowper as Non-Executive Director

Illovo Sugar Limited announced the appointment of Mr. Jonathan Cowper as a non-executive director of the company with effect from March 10, 2015. Mr. Cowper is the financial director of British Sugar Plc.

Illovo Sugar Limited Announces Interim Dividend for the Six Months Ended September 30, 2014

Illovo Sugar Limited announced that the distribution per share of 37.0 cents represents an interim capital distribution declared out of share premium against interim distribution of 37.0 cents in 2013. Record date was January 9, 2015. Payment of capital distribution on January 12, 2015.


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