Home Tag "Berger Paints Jamaica Limited"

Corporate Movements: Berger Paints, tTech and Angostura Holdings

Berger Paints Jamaica Limited (BRG) has advised that Mr. Mustafa Turra has resigned from his current capacity effective August 15, 2017, having been employed as BRG’s General Manager since May 1, 2013. Mr. Andy Mahadeo will act as the Company’s General Manager until a replacement is in place. Angostura Holdings Limited has announced that with […]

Corporate Movements – Andrew Sabga Appointed Chief Executive Officer of ANSA McAL Group of Companies

Berger Paints Jamaica Reporting 10.6% Increase In Net Profits And 10% Reduction In Net Sales For Q1

Berger Paints Jamaica Limited is reporting in its just released unaudited financial statement for the first quarter ended June 30th 2017, net profits of JA$23.4 Million, a 10.6% increase over the JA$21.1 M reported for corresponding 2016 period. Berger Jamaica however recorded a 10% reduction in net sales to JA$454.6 M compared to JA$506.1 M […]

Business Owners And Executives Are Struggling With Disruptors Changing The Way Business Needs To Be Conducted- Wickham

ANSA McAL Takes Control of Berger Paints Jamaica

Berger Paints Jamaica Limited has advised that Trinidad and Tobago based Ansa Coatings International Limited indirect offer to purchase 51% of Berger Paints Jamaica Limited was completed on Monday July 24, 2017. Arising from this, Lewis Berger Overseas Holding who owns the 51% of the issued share capital in Berger Paints Jamaica Limited, is now […]

Business Owners And Executives Are Struggling With Disruptors Changing The Way Business Needs To Be Conducted- Wickham

Berger Paints Report Net Sales Up to J$2.36 billion 15% over last year.

Mustafa Turra General Manager at Berger Paints Jamaica reporting in the company’s just released annual report for the 2016-2017 Financial Year, solid business results, recording net profits of J$315.6 million, compared to J$122.1 million earned in the prior year, an increase of 158%. For the period under review, Net Sales increased to J$2.36 billion, an […]

Kingston Wharves Posts Improved EPS 51.87 cents, Now Looking to Self-Funded Projects to Strengthen Core Services – Hall

Share Structure of the ANSA McAL Deal To Acquire Berger Paints Caribbean Operations

Berger Paints Jamaica Ltd. (BRG) has advised that on June 16 16, 2017, it received a notice that Ansa Coatings International Limited (ACIL), a subsidiary of the ANSA McAL Group (“ANSA McAL”) has entered an agreement with Berger International Private Limited (BIPL), the parent company of Lewis Berger (Overseas Holding) Limited (a company incorporated in UK) […]

Kingston Wharves Posts Improved EPS 51.87 cents, Now Looking to Self-Funded Projects to Strengthen Core Services – Hall

Berger Paint’s Jamaican Operation Is Now The Target Of An Acquisition Attempt – Jackson

IC Insider.com is reporting that Berger Paint’s Jamaican operation is now the target of an acquisition attempt, by yet to be confirmed investors. Commenting on the prospect further, noted financial analyst and publisher of IC Insider.com John Jackson, indicated that he knew as a fact that an offer was made on Thursday but was rejected […]

Business Owners And Executives Are Struggling With Disruptors Changing The Way Business Needs To Be Conducted- Wickham

Berger Paints Jamaica – Reporting Improved EPS 86 Cents Up From 37 Cents

The Directors of Berger Paints Jamaica Limited have released Unaudited Financial Statements for the Third Quarter ended December 31, 2016 Reporting Improved Earnings Per Share Of 86 Cents Up From 37 Cents last year. The company performed well in the 3rd quarter achieving paint sales of JA$ 1.9 billion for the nine months’ a growth […]

Kingston Wharves Posts Improved EPS 51.87 cents, Now Looking to Self-Funded Projects to Strengthen Core Services – Hall

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