Chicken feed for the Astral plane
Forecasts of a bumper mealie crop mean lower feed costs, making the poultry producer a sound bet
27 February 2025 - 05:00
Financial 2024 was a year of earnings recovery for South Africa’s largest poultry producer, Astral Foods.
After Astral lost R13.24 a share in the previous year — its first loss in 20 years as bird flu and load-shedding decimated the poultry subsidiary — 2024 was a return to normal. Headline earnings rebounded 245% to R19.20 a share...
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