South African poultry to food group has predicted a jump in half yearly headline earning per share.

The group put out a statement saying based on the most recent trading conditions experienced up to the end of February 2015, which represents trading for five months, "a reasonable degree of certainty now exists" that the headline earnings per share for the six months ending 31 March 2015 will increase with at least 150% or ZAR579 cents per share compared to the same period in the previous year. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

For the six months, HEPS is exected to be "at least" ZAR965cents (US$47.5 cents) per share compared with ZAR386cents per share against the same period last year.

The increase, Astral said, was a result of the post-festive market for poultry products being stronger for a longer period than originally estimated.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now