Food producer Premier Group has warned that revenue is expected to be muted in the next six months because of elevated food inflation and price volatility of soft commodities such as wheat and maize.

“Low single-digit revenue growth is projected for the second half of the year, however margins are expected to remain in line with those achieved for the first half of the year,” the group, valued at about R7.6bn on the JSE, said on Monday in its results for the six months to end-September...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.