Rising feed costs and falling poultry prices hit Astral Foods’ first-half earnings
Astral Foods has posted a decline in first-half profits as lower poultry prices and higher feed costs weighed on earnings. …
Astral Foods
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Astral Foods appoints Gary Arnold as new CEO
South African poultry producer Astral Foods has named Gary Arnold as its new CEO. Arnold will step into the role…
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Astral Foods searching for new CEO as Chris Schutte announces retirement
South Africa-based poultry major Astral Foods’ CEO Chris Schutte has announced his retirement after being at the helm of the…
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Country Bird Holdings scoops stake in Quantum Foods from Astral Foods
South African poultry processor Country Bird Holdings has upped its stake in local peer Quantum Foods, buying shares from industry…
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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…
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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…
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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…
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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…
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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…
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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…
