Mushrooming: Libstar, the owner of Denny, expects improved production in the last part of 2018 after encountering operating headwinds in the first six months. Picture: KEVIN SUTHERLAND/SUNDAY TIMES
Mushrooming: Libstar, the owner of Denny, expects improved production in the last part of 2018 after encountering operating headwinds in the first six months. Picture: KEVIN SUTHERLAND/SUNDAY TIMES

Food producer and supplier Libstar reported its maiden results on Tuesday, noting a near 50% fall in headline earnings per share.  Low mushroom prices and foreign-exchange losses weighed on the groups profit.

Its commercial and financial director, Robin Smith, joined Business Day TV for some perspective on the earnings and what it means for the direction of the company in future.

Libstar commercial and financial director, Robin Smith joined Business Day TV to offer some perspective on the disappointing results

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