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WATCH: Why Pioneer decided to keep dividends steady

20 November 2018 - 09:16 Business Day TV
Picture: FINANCIAL MAIL
Picture: FINANCIAL MAIL

Pioneer foods released its annual results on Monday and reported a 3% increase in revenue to R20bn due to a 4% rise in volumes.

Trading conditions reflected weaker levels of consumer spend, although headline earnings per share rose a more robust 33%.

CEO Tertius Carstens joined Business Day TV to discuss the group’s annual performance.

CEO Tertius Carstens joined Business Day TV to discuss the group’s full-year resutls

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.