Libstar gets boost from technology investments
The group says it is benefiting from the standardisation of software amid hefty investments in new capacity
18 March 2020 - 08:32
Consumer goods group Libstar says it is already reaping the benefits from new investments in capacity at its production facilities and in standardising group software, helping to boost profit in its year to end-December by a quarter.
The group, whose brands include Lancewood cheeses and Denny mushrooms, has invested or begun investing R401m in capacity-enhancing projects during the year, exceeding its guidance...
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