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Closing transformational year, Blu Label looks to growth
JSE-listed Blu Label Unlimited Group on Wednesday said that its reported results for the year ended May 31, 2026, were materially affected by the impact of IFRS(R) Accounting Standards arising from the culmination of the multi-year restructuring and separate listing of Cell C, as well as the unbundling of Comm Equipment Company (CEC). However, Blu Label joint CEO Brett Levy assured that the group has emerged with a simplified structure and a sharpened focus on its cash-generative digital platforms, which remain resilient.
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itweb.co.za
Blu Label Unlimited smacked by R4.9bn Cell C write down
The company swung to a R4.9 billion full-year loss after having to write down its Cell C stake to match its listed value.
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engineeringnews.co.za
Closing transformational year, Blu Label looks to growth
JSE-listed Blu Label Unlimited Group on Wednesday said that its reported results for the year ended May 31, 2026, were materially affected by the impact of IFRS(R) Accounting…
