RFG Holdings Ltd (JSE:RFG)
R 18.93 -0.06 (-0.32%) Market Cap: 4.91 Bil Enterprise Value: 5.37 Bil PE Ratio: 8.83 PB Ratio: 1.29 GF Score: 86/100

Q2 2019 Rhodes Food Group Holdings Ltd Earnings Call Transcript

May 21, 2019 / 07:00AM GMT
Release Date Price: R17 (+4.29%)
Bruce Alan Scott Henderson;Christiaan Cornelius Schoombie
Rhodes Food Group Holdings Limited - CEO & Executive Director;

Morning, everybody. Welcome and thanks very much for joining us here for our interim results for the period to 31 March.

We're going to stick to our usual format and I will do a high-level overview of the 6 months and then Tiaan will do the -- take us through the financial performance and then I'll run through the rest of the presentation.

We saw an improving performance with turnover at 9.3% and operating profit up by 6%, diluted HEPS up by 2.2%. We had strong regional volume growth in a low inflationary environment with continued market share gains across core product categories.

Our regional segment was impacted by once-off costs of approximately ZAR 14 million arising from the relocation of our pulps and purees operation from Wellington to the Groot Drakenstein production hub.

The international segment posted a small profit for the half, and our major 2-year capital investment program has now been completed.

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot