Lean year for food conglomerates
Investors in the JSE food producers index have suffered some indigestion of late, with economically shell-shocked consumers deciding to eat less, trade down brands and be more cost-conscious – which negates price inflation and squeezes producers’margins
03 June 2019 - 12:06
BUY: LIBSTAR Share price: 807c JSE code: LBR
Listing at R12.50 in May 2018, Libstar issued a shock profit warning only months after its debut.