Sasko, ProNutro owner Pioneer Foods sees earnings drop 15%

2019-11-18 13:21

Group earnings fell 15% to R910m, while headline earnings per share declined 6% to 511c.

Zeder CEO: Pioneer deal means better value for shareholders

2019-10-08 21:13

The group is positive about the anticipated disposal of Pioneer Foods.

Pioneer shares drop after profit warning

2017-10-23 12:33

Pioneer’s shares dropped by 2.8% after the food company warned shareholders that its profit would likely be 48% lower for the year ended September 2017.

Tribunal rules in favour of Pioneer Foods merger

2015-11-09 20:00

Pioneer Foods has welcomed the Competition Commission Tribunal’s decision to approve its proposed merger with Future Life.

Pioneer plummets

2014-09-04 11:12

Shares in Pioneer Foods have dropped sharply after the food manufacturer said it expects full-year earnings to rise by more than 20% compared with last year.

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.

Nulaid scandal in Rustenburg, horrid conditions

2014-03-11 12:00

The NSPCA has discovered brutal and horrid conditions at a Nulaid factory in Rustenburg, where an employee is accused of selling emaciated, injured and diseased ridden birds.

Pioneer profits hit by BEE costs

2012-11-26 07:40

Pioneer Food Group has posted a 17% drop in full-year earnings, hit by costs related to an empowerment transaction.

Food producers

2010-06-02 15:46

Something to chew on - decent performances.

The critical 'one'

2010-06-02 15:16

The return on Equity/Cost of Equity : This year’s table ranks 150 listed companies as creating shareholder value in 2009.


Pioneer shareholders vote in favour of PepsiCo takeover

2019-10-15 14:35

PepsiCo – which owns food brands including Pepsi, Lays, Doritos and Gatorade – wants to buy Pioneer – which owns Sasko, White Star, Weet-Bix and Liqui-Fruit - for R24.4bn.

Sasko owner Pioneer Foods posts 30% jump in profits

2018-05-21 10:51

Pioneer Food has reported a 3% dip in turnover in the six months ended March 31, 2018, from R10.2bn to R9.9bn, due to price deflation in soft commodities.

Pioneer seeks cost cuts even as profit gains

2016-05-23 18:38

Pioneer Food Group will look to curtail costs as it sees the local environment “remaining difficult” amid high corn prices and a weak rand.

Cosatu calls for bread price regulation

2015-02-13 09:57

Cosatu says continued bread price hikes as fuel prices decline are unacceptable, and the federation could embark on protest action in the Western Cape.

Quantum Foods says sorry for animal abuse

2014-06-12 13:08

Quantum Foods, a subsidiary of Pioneer Foods, has unreservedly apologised for the abusive treatment laying hens received at its Phokeng depot in Rustenburg.

Pioneer Foods expects higher earnings

2014-04-04 11:51

Food manufacturer Pioneer Foods expects half year earnings to rise as it benefitted from cost cutting measures, among others.

Pioneer to slash jobs in cost cut drive

2013-10-14 17:00

Food manufacturer Pioneer Foods is cutting jobs as part of a restructuring process amid reports that it plans to cut 10% of its more than 12 000 employees.

Pioneer in second phase of BEE deal

2011-12-09 14:17

Pioneer says 28.67 million ordinary shares can be subcribed for in the the second phase of its broad-based empowerment deal.

Inventory turn

2010-06-02 15:24

The inventory table, unfortunately, can only be applied selectively.

Great returns, great potential

2010-06-02 15:00

Internal rate of return: remember that candidates must be sifted through the funnies sieve first.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.