Astral Foods

Astral Foods issues more upbeat update after “devastating” 2023

South African poultry major Astral Foods, which posted its first annual loss in last financial year, has said it has…

Loss-making Astral Foods says rebuilding balance sheet the priority

South African poultry major Astral Foods, which posted its first annual loss on Monday (20 November), has pledged to rebuild…

South Africa’s Astral Foods confirms annual losses

Astral Foods today (20 November) posted its first annual loss, with power outages and bird flu in South Africa leaving…

South African retailers ration eggs as bird flu causes shortage

South African retailers are restricting the number of eggs customers can buy as avian influenza has impacted supply. Pick n…

Astral Foods counts added burden of bird flu in latest profit warning

Astral Foods has added bird flu to the challenges faced by the South African poultry processor as it issued another…

What does South Africa’s energy crisis mean for food production?

South Africa’s food manufacturers have been forced to invest in alternative energy supply sources against a backdrop of power outages…

Astral Foods pulls H1 dividend as profits tumble

South Africa-based poultry processor Astral Foods said today (22 May) it would not pay an interim dividend after reporting a…

South Africa’s Astral Foods confirms prospect of earnings crash

South African poultry producer Astral Foods has warned investors of an earnings drop of as much as 92% for the…

South Africa’s Astral Foods apportions blame for profit warning on energy, water supply disruptions

South Africa’s Astral Foods has issued a profit warning as the poultry processor blamed power disruptions for exacerbating already high…

South Africa’s Astral Foods issues update to profit warning

Astral Foods, the South Africa-based poultry processor, has released an update on the profit warning it issued last month, blaming rising…