Weaker rand boosts Rhodes Food Group
Sales in SA and the rest of Africa also grew strongly, though lower-margin products were in favour among embattled local consumers
04 November 2019 - 10:35
The international turnover of Rhodes Food Group, which makes Bull Brand corned meat and Bisto gravies, grew 8.8% in its year to end-September boosted by a weaker rand and exports of higher-value products to the US.
Sales in SA and the rest of Africa also grew strongly, the company said, though lower margin products were in favour among SA’s embattled consumers...
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