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. 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