1. Latest News
Condensed interim consolidated financial results for the six months ended 31 March 2010 and renewal of cautionary announcement
24/05/2010
Group MD André Hanekom commented: “We achieved this satisfactory set of results in difficult trading conditions with all operations making a positive contribution.
Chairman’s statement at Annual General Meeting: 19 February 2010
19/02/2010
Shareholders are advised that at the annual general meeting of Pioneer Foods, held this morning, the Chairman reported that the improvement in profit for the year was largely due to the price and volume growth seen in the first half of the year with price and volume levels remaining static in the second half.
No change statement and notice of Annual General meeting
12/01/2010
Shareholders are advised that the annual financial statements for the year ended 30 September 2009 were dispatched to shareholders on Wednesday, 13 January 2010 and contain no modifications to the audited provisional annual financial statements which were published on Monday, 30 November 2009.
Audited Provisional Annual Financial Statements for the year ended 30 September 2009
26/11/2009
Andre Hanekom MD commented: "We achieved this satisfactory set of results in a deflationary environment where in the second half of the year, selling prices in key categories either stabilised or contracted. Our earnings growth for the year, though relatively strong, basically brings us back to even keel, after the slow or declining growth we showed in recent reporting periods. An excellent performance from Sasko improved our capacity utilisation with increased sales volumes in maize products in particular, which led to margin growth.
Trading Statement - Pioneer Food Group Limited
20/10/2009
In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, an issuer is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that Headline Earnings Per Share ("HEPS") and/or Earnings Per Share ("EPS") for the next period to be reported on are expected to differ by at least 20% from those of the previous corresponding period.
Investor Presentations - October 2009
02/10/2009
Andre Hanekom Group MD of Pioneer Foods will meet with analysts and investors in the US and UK between October 1st and October 8th 2009.
Condensed interim financial results for the six months ended 31 March 2009
25/05/2009
"We are pleased with our results overall, though we recognise our growth is off a relatively low base. We had satisfactory revenue growth, largely from price increases up to October last year, when the prices of grain based products peaked. Sales volumes were largely sustained, with maize meal growing particularly strongly. There has been selling price decreases towards the end of the reporting period in wheaten flour, maize meal, pasta and wheat based cereals, which should support consumer demand. We expect to maintain our margin as food inflation moderates and the food price environment stabilises."
Dividend Announcement - May 2009
25/05/2009
The board approved an interim dividend of 36.0 cents (2008: 30.0 cents) per ordinary share, an increase of 20% to the declaration for the comparative period.
Trading Statement - 30 March 2009
29/04/2009
Pioneer Foods hereby advises that a reasonable degree of certainty exists that earnings for the 6 months ended 31 March 2009 will be as follows:
Final Dividend declaration for the year ended 30 September 2008
02/12/2008
The board approved a final dividend of 66 cents per ordinary share. The applicable dates are as follows:
Interim dividend declaration for the six months ended 31 March 2008
22/05/2008
It is the intention of Pioneer Foods to release the company’s interim results for the six months ended 31 March 2008 on or about Tuesday, 27 May 2008 (“the interim results announcement”).
Listing of Pioneer Foods on the JSE Limited
15/04/2008
The JSE Limited (“JSE”) has agreed to the listing of the entire issued ordinary share capital of Pioneer Foods in the “Food and Beverage” sector of the JSE under the abbreviated name PNR Foods with effect from the commencement of trade on 22 April 2008 (“the listing”).
The proposed Rights Offer
15/04/2008
The Pioneer Foods announcement, dated 7 April 2008, refers. In the announcement it was mentioned that the Board of Directors of Pioneer Foods (the “Board”) had resolved to: – proceed with an application for listing Pioneer Foods on the exchange operated by the JSE Limited(“JSE”); and – follow the listing with a capital raising by means of a rights offer.
Listing of Pioneer Food Group Limited and dematerialisation of Pioneer Foods ordinary shares to enable trading on the JSE Limited
14/04/2008
On Monday, 7 April 2008, the Board of Directors of Pioneer Foods resolved to proceed with an application to list on the JSE. On Wednesday, 9 April 2008, Pioneer Foods shareholders in a general meeting approved proposed changes to the company’s articles of association to make it compliant with the JSE Listings Requirements.
Pioneer Food likely to list in the next few weeks
09/04/2008
Shareholders of food and beverage company Pioneer Foods today approved proposed changes to the company’s articles of association to make it compliant with the JSE Listings Requirements.
Announcement
07/04/2008
1. Proposed listing of Pioneer Foods on the JSE Limited and possible capital raising.
