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News Wire / economy

Astro Poultry Expects 470 Percent Earnings Surge

SAfm Johannesburg 12d Impact 5
South African poultry producer Astro has reported a sharp rebound in earnings. The company's performance was driven by strong consumer demand for chicken within the country. This growth follows a period of market volatility.

Topics

earnings poultry consumer demand

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Sources · 7 independent

SAfm

“South Africans sure do love their chicken and that appetite is translated into a sharp earnings rebound for Astro, the country's largest poultry”

SAfm

“translated into a sharp earnings rebound for Astro, the country's largest poultry”

SAfm

“the producer expects interim headline earnings per share to surge by as much as 470%. The turnaround is being driven by a recovery in poultry prices”

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