WATCH: How higher costs put Pioneer Foods on the back foot
Pioneer Foods has reported a 15% plunge in interim adjusted headline earnings to R506m, even as revenue rose 11.5% to R11bn, as the group struggled to pass on higher costs to consumers.
Pioneer Foods CEO Tertius Carstens joined Business Day TV to discuss the half-year results.
Pioneer Foods CEO Tertius Carstens talks to Business Day TV about the group’s interim results
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