|Short Name:||TASTE||JSE Code:||TAS|
|Sector:||Retailers - Soft Goods||Reg No:||2000/002239/06|
|Nature of business:|
Taste is a South African-based management group that currently owns and licenses a portfolio of corporate owned and franchised specialist and formula driven Quick Service Restaurant (QSR), coffee and luxury retail brands housed within two divisions: Food and Luxury Goods. Each of Taste's brands can be marketed and developed to be first choice in their segments in South Africa.The group currently owns 120 outlets across both divisions. Taste's growth is driven by a strategic mix of corporate and franchisee owned stores. Corporate ownership provides hands-on control, quick implementation of decisions and deep understanding of each brand, while franchisee ownership reduce the group's capital requirements and unlocks value through vertical integration and volume purchasing.
Next AGM: 31/07/2019 (Unconfirmed)
|Amounts in ZAR '000||AUG 2018|
|Turnover ||469 956||1 043 977|
|Operating Income ||(87 250)||(228 292)|
|Income Attributable To Equity Holders ||(74 071)||(241 202)|
|Earnings Per Share (ZARc) per share (cents)||(8.20)||(51.00)|
|Headline Earnings Per Share (Cont Ops) (ZARc) per share (cents)||(8.00)||(41.80)|
|Ordinary Shareholders' Interest ||739 307||813 942|
|Total Long-Term Liabilities ||24 809||26 031|
|Fixed Assets ||177 401||186 920|
|Other Current Assets ||7 275||8 645|
|Net Asset Value Per Share (ZARc) (cents)||82.40||90.70|
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