RFG expects headline earnings to rise by nearly 50% in first half

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

The food group says reduced debt costs and favourable currency effects offset lower turnover for the period

RFG Holdings, which has products that include Bull Brand corned beef, Hinds spices and Bisto gravies, says reduced debt costs and favourable currency effects offset lower turnover and restructuring expenses in its half-year to March 28.

RFG, formerly known as Rhodes Food Group, expects headline earnings to rise by between 44% and 49% to March 28, an increase of as much as R40m. This is despite a 3.4% fall in turnover, or about R100m, with the same period in the prior year seeing a boost in demand ahead of SA’s hard lockdown. ..

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Tears grips my heart knowing how hard I've struggled to find a legit trader. I never wanted to do this but I'll be guilty if i don't share this good news to people to join the best trader have ever know. Thanks for helping me and i will forever be grateful to you Elliot_sykes_

Italia Ultime Notizie, Italia Notizie