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About the company: Illovo Sugar Ltd [JSE:ILV]

by , 24 July 2015

Illovo Sugar is the largest producer of sugar in Africa. The company has a listing on the Johannesburg Stock Exchange…

Full name: Illovo Sugar Limited
Short name: Illovo
Ticker: ILV
Sector: Food & beverage – food producer

Five top facts about Illovo Sugar

Fact #1:
Illovo Sugar employs over 12,600 workers across its operations. This number almost doubles when the company requires the use of seasonal workers.

Fact #2:
Illovo Sugar has a listing on the Johannesburg Stock Exchange under ticker ILV. The company listed in 1992. Illovo Sugar’s major shareholder is Associated British Foods, a listed company in the UK, with a 51.3% stake.

Fact #3:
Illovo Sugar is concerned with the production of raw and refined sugar. As well as some of the company’s products staying in South Africa and Africa as a whole, they’re also distributed in the European Union, the USA and other world markets.

Fact #4:
Illovo Sugar conducts varying functions, including growing sugar cane, processing the sugar and ethyl alcohol production.

Fact #5:
Illovo Sugar has its main agricultural and manufacturing operations in six African countries:

  • South Africa;
  • Mozambique;
  • Zambia;
  • Malawi;
  • Swaziland; and
  • Tanzania.

Chart of Illovo Sugar’s share price

Chart of Illovo Sugar's share price

Financial information

For more financial information about Illovo Sugar, click here.

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About the company: Illovo Sugar Ltd [JSE:ILV]
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