RCL Foods, whose interests range from sugar and mayonnaise to logistics, says improved volumes and market share gains helped profits rise more than a fifth in its half year to end-December, when revenue rose by double digits for a second consecutive year.
The group — which counts among its brands Ouma Rusks, Bobtail pet food and Yum Yum peanut butter — grew revenue 9.2% to R17.1bn to end-December, while headline earnings rose 21.5% to R645.6m...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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