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
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Rhodes Food Group Holdings Limited - Special Call Transcript

Sep 16, 2019 / NTS GMT
Release Date Price: R16.88 (-0.59%)
Operator

Good afternoon, ladies and gentlemen, and welcome to Investec Securities Preclose Update with Rhodes Foods Group (sic) [Rhodes Food Group]. (Operator Instructions) Please note that this conference is being recorded. I'd now like to hand the conference over to the Chief Executive Officer of Rhodes Foods Group (sic) Rhodes Food Group , Bruce Henderson. Please go ahead, sir.

Bruce Alan Scott Henderson
Rhodes Food Group Holdings Limited - CEO & Executive Director

Thank you. Good afternoon, everyone, and welcome to our Preclose Call. Thank you, Anthony, and Investec for hosting the call.

Hopefully, you've all had the opportunity to read our trading update for the 10 months, the end of July, which we released on [SENS] this morning.

Just to summarize very briefly.

Group turnover for the 10 months increased by 9.6%. Our regional segment saw growth of 8.8%, made up of growth within Long Life Foods of 10.8% and Fresh Foods of 5.8%. And we make a point that it's been difficult to expand margin, which we have obviously found necessary, but be

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