Summary Consolidated Financial Statements For The Year Ended 30 September 2015

The Group achieved pleasing results for the financial year ended 30 September 2015 despite a vulnerable South African economy, sustained competition and significant cost push.

The following highlights underpinned the performance:
• Volume growth and share gains in most key categories
• Second half recovery in fruit exports
• Progressive expansion of bakery margins
• Containment of operating costs
• Successful exit of biscuits and Pepsi
• Acquisition and integration of the Nigerian joint venture

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Deborah-Ann Sharwood
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