RFG Holdings has flagged a leap in its next annual results later in November as it recovered greater input costs, such as greater spending on solar power and generators over the past two years, in part by hiking prices.

“The regional operating margin improved strongly, mainly due to the recovery of these costs across most product categories, in particular fruit juice, ready meals, dry foods and meat, as well as the robust growth in sales and profitability in the pie category,” the group said on Friday in a trading statement about its upcoming results for the year to end-October...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.