Western Cape-based poultry group Quantum Foods has flagged a fall in headline profit in at least one quarter of its 2021 year, hit by an outbreak of avian influenza, aggressive competition and rising feed costs.

Headline earnings per share, a widely used profit measure that excludes certain one-off items, is expected to fall between 27% and 42% in the year ending September, a profit cut of up to R65m for a group valued at R1.17bn on the JSE...

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