TRADING UPDATE FOR THE FOUR MONTHS ENDED 31 JANUARY 2016

Pioneer Foods remains resilient notwithstanding significant economic challenges facing South Africa. Rand weakness and the concomitant cost-push effect will accelerate inflationary pressure on food manufacturers, and increase the burden on consumers.Ā  The severe drought in South Africa has furthermore exacerbated this situation. As a result of these volatile external factors, managing volume and margin imperatives becomes a delicate balance...

Trading Update For The Four Months Ended 31 January 2016 - Read More

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Deborah-Ann Sharwood
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