Astral Foods' earnings down 55%, as it contends with poultry imports and higher feed costs

2019-11-18 08:53

Astral Foods' earnings plummeted by 55% during the 2019 financial year as its poultry division took a knock.

Astral sees more than fourfold growth in earnings

2018-05-02 19:56

Astral Foods says its earnings per share and headline earnings per share for the six months to end-March 2018 will reflect an increase of between 450% and 460%, compared to the previous period.

Tiger Brands hammered as food firms scramble on listeriosis fears

2018-03-05 10:47

Tiger Brands has confirmed a full national recall of Enterprise Foods meat products amid the listeriosis scare, sending it's share price down 13% at one stage.

Astral profits dive more than 50%

2017-05-17 21:32

Astral's profits dwindle on the back of imports, drought and lower sales.

Chickens may starve if Eskom cuts power, warns Astral Foods

2017-01-12 19:20

Millions of chickens owned by Astral Foods will starve if planned power cuts to the poultry producer’s largest facility go ahead.

Astral Foods appoints new chair

2014-05-22 10:09

Astral Foods has appointed a new chair following the announcement of the retirement of Jurie Geldenhuys as chair of the board.

Astral Foods expects jump in Heps

2014-05-05 13:44

Astral Foods has issued a trading statement about what it expects will happen to its headline earnings per share for the six months ended March 31 2014.

Astral sounds profit alarm

2013-01-30 16:10

Astral Foods has warned that it recorded its worst trading performance in its history as a listed entity, sending its share price down over 7%.

Astral Foods reports profit

2011-11-14 15:34

Integrated poultry producer Astral Foods has posted a 19% rise in diluted headline earnings per share from 959c to 1 145c for the year to end-September 2011.

Astral earnings up 31%, revenue dips

2011-05-16 08:17

Poultry producer Astral Foods has benefited from lower feed costs, but record levels of chicken imports hurt demand.


Astral expects lower earnings, blames municipality for higher operating costs

2019-04-30 12:02

Poultry producer Astral has lowered its projections of earnings for the six months ended March 31, 2019.

Astral sees 400% jump in earnings as it shakes off bird flu jitters

2018-03-05 12:11

Poultry producer Astral Foods says it has come to grips with bird flu jitters and the costs that came with the last outbreak of the disease.

Bird flu continues to spread in SA, forcing firm to freeze operations

2017-08-25 07:24

Bird flu is spreading in South Africa with Astral Foods reporting that the disease has infected more chickens at a farm in Mpumalanga.

Astral reprieve doesn't absolve municipality from debt - Eskom

2017-05-04 13:28

Eskom says its settlement guaranteeing uninterrupted power supply to poultry producer Astral Foods doesn’t usurp its constitutional right to recover debt from owing municipalities.

SA misses chicken-panel deadline as Sapa mulls appeal

2016-09-21 16:28

The agriculture ministry has missed a court deadline to determine if poultry producers can sell down current stocks of brined chicken before new regulations kick in.

Fast food loving consumers can't repay loans

2014-05-19 14:56

Company results released on the JSE show the double-edged sword cash-strapped consumers are experiencing at the moment.

Astral Foods diluted earnings plunge

2013-05-13 08:14

Poultry producer Astral Foods has reported an 82% plunge in diluted headline earnings per share to 94 cents in the six months ended March 2013.

Astral: Doors open to negotiation

2012-11-28 12:09

Claims that Astral Foods is not prepared to negotiate with striking poultry workers in County Fair's farming division are unfounded, the company says.

Ross Poultry breeders off the hook

2011-10-24 10:41

The Competition Tribunal has dismissed a case against Ross Poultry Breeders for anti-competitive behaviour.

Regulator apologises to chicken firm

2011-04-12 17:44

The National Regulator for Compulsory Specifications has apologised to a firm for accusing it of selling underweight chicken products.

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