Food manufacturer Libstar says rapid introduction of new and improved products has helped it outperform peers in its first half to end-June. It is confident in its position as the industry grapples with rising input costs, more frugal customers and shifts in shopping behaviour.

The producer of a raft of products — including Lancewood cheeses, Robertsons baking aids and Denny mushrooms — managed to grow revenue in its food business by 10% in its six months to end-June, CEO Andries van Rensburg said on Wednesday...

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