WATCH: Astral CEO Chris Schutte talks strategy after first-ever annual loss
Business Day TV spoke to Astral CEO Chris Schutte
20 November 2023 - 21:57
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Chris Schutte: Astral has been importing eggs from Brazil for three weeks. Picture: Sunday Times/Masi Los
Astral has taken a R2.1bn hit on the back of costs associated with power cuts, water shortages and the recent avian flu outbreak. As such, profits came under pressure, resulting in the chicken producer reporting its first annual loss in its 23-year history. Business Day TV caught up with CEO Chris Schutte for further insight on the performance.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Astral CEO Chris Schutte talks strategy after first-ever annual loss
Business Day TV spoke to Astral CEO Chris Schutte
Astral has taken a R2.1bn hit on the back of costs associated with power cuts, water shortages and the recent avian flu outbreak. As such, profits came under pressure, resulting in the chicken producer reporting its first annual loss in its 23-year history. Business Day TV caught up with CEO Chris Schutte for further insight on the performance.
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