RCL Foods Ltd (JSE:RCL)
R 9.3 0.1 (1.09%) Market Cap: 8.31 Bil Enterprise Value: 9.42 Bil PE Ratio: 5.15 PB Ratio: 0.62 GF Score: 64/100

Full Year 2021 RCL Foods Ltd Earnings Call Transcript

Sep 06, 2021 / 08:00AM GMT
Release Date Price: R7.48 (+6.22%)
Unidentified Company Representative

Good day, ladies and gentlemen, and welcome to the 2021 RCL Foods Annual Results Presentation. (Operator Instructions) Please note that this call is being recorded. I would now like to hand over to Miles Dally.

Miles Dally
RCL Foods Limited - CEO, MD & Executive Director

Good morning, everyone, and welcome to our results presentation. If you could move to Slide 4. I'll start there. And as in the past, we'll take you through a high-level overview from myself. Rob will take us through the financials, and then the 3 MDs will take you through their respective areas of responsibility.

I mean we're really pleased with the results this year despite the very difficult trading conditions, which have been in place for at least the last 18 months. We've had COVID on top of all of that. We have a meaningful improvement in our statutory and underlying earnings. And as you'll see during the course of the presentation, we've had an excellent performance in Sugar, in fact a record performance. And the Baking business continued

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