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ASTRAL FOODS NEWS ON FASTMOVING

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Astral Foods sets sights on further growth

Astral Foods sets sights on further growth

09/02/2018 - 08:52
Astral Foods, the "big bird" of the JSE’s poultry sector, assured shareholders at Thursday’s annual meeting that management would not be resting on its laurels after a hugely profitable 2017 financial year. read more
Lower feed costs boost Astral’s earnings

Lower feed costs boost Astral’s earnings

20/11/2017 - 14:36
Astral Foods has raised its final dividend by a hefty 775% to R8.75, after the poultry producer nearly doubled its full-year headline profit. read more
Astral Foods share rises after trading statement predicts doubled earnings

Astral Foods share rises after trading statement predicts doubled earnings

16/10/2017 - 13:10
Poultry producer Astral Foods expects to report doubled earnings thanks to higher prices and no further bird flu outbreaks. read more
Astral sharpens its focus on poultry operations

Astral sharpens its focus on poultry operations

04/10/2017 - 10:26
Southern African integrated poultry producer Astral Foods is ridding itself of a noncore asset in an effort to sharpen its focus on its poultry business. read more
Shares in Astral Foods suffer after it warns that bird flu costs have risen

Shares in Astral Foods suffer after it warns that bird flu costs have risen

24/08/2017 - 12:51
The share price of Astral Foods fell 4% to R148.16 on Thursday morning after it warned shareholders that outbreaks of bird flu at two of its poultry breeding farms had cost it about R50m — double an initial estimate announced on August 2. read more
Astral slashes interim dividend as it battles high input costs

Astral slashes interim dividend as it battles high input costs

15/05/2017 - 09:16
Poultry producer says the results were due to its inability to recover record high feed prices and a loss in sales volumes ‘under extremely difficult market conditions’ read more
Astral Foods’ earnings to be lower, but still better than expected

Astral Foods’ earnings to be lower, but still better than expected

04/04/2017 - 15:50
Astral Foods’ headline earnings per share (HEPS) for the six months ending March 31 will be between 50% and 60% lower than that for the previous comparable half-year, but better than the group expected in an earlier trading statement. read more
Astral Foods’ profits slide as drought bites

Astral Foods’ profits slide as drought bites

16/05/2016 - 14:43
Astral Foods on Monday (16 May) reported a slide in its first-half profit as the effect of the recent drought in the country took hold. read more
Poultry producers’ shares fall on US chicken imports

Poultry producers’ shares fall on US chicken imports

10/06/2015 - 08:59
South Africa’s poultry producers’ shares were mostly down on Monday in a weak market after Pretoria opened its doors to US chicken imports under a deal reached at the weekend. read more
Astral Foods: Jump of 150% in earnings forecast

Astral Foods: Jump of 150% in earnings forecast

18/03/2015 - 10:30
Astral Foods has forecast that its headline earnings a share will increase by 150 percent this year, compared with the previous year.  read more
 Chicken producers get wings

Chicken producers get wings

30/07/2014 - 10:53
Poultry stocks are riding the crest of a wave as the maize price continues to drop and as the market waits for the anti-dumping duties imposed on EU chicken imports to kick in formally, according to analysts.  read more
Astral Foods diluted earnings plunge

Astral Foods diluted earnings plunge

13/05/2013 - 10:20
Johannesburg - Poultry producer Astral Foods [JSE:ARL] on Monday reported a 82% plunge in diluted headline earnings per share to 94 cents in the six months ended March 2013 as operating profit slumped by 80% despite a 5% rise in revenue to R4.234bn. No interim divided was declared. read more
Astral: Doors open to negotiation

Astral: Doors open to negotiation

29/11/2012 - 08:51
Johannesburg - Claims that Astral Foods is not prepared to negotiate with striking poultry workers in County Fair's farming division are unfounded, the company said on Wednesday.  read more
Chicken producers forced to cut jobs

Chicken producers forced to cut jobs

27/08/2012 - 10:10
Bloomberg: Astral Foods cut 150 jobs as it reduced output after the price of grains, its biggest cost, surged to a record and cheaper imports of the birds increased, the country’s second-biggest chicken producer said read more
Astral Foods expectant of decline in earnings, 16-19%

Astral Foods expectant of decline in earnings, 16-19%

04/05/2012 - 09:17
Astral Foods advised on Friday that a reasonable degree of certainty exists that its earnings and headline earnings per share for the six months ended March 2012 would both reflect a decrease of between 16% and 19% compared to the previous comparable period. read more
Astral Foods reports profit

Astral Foods reports profit

18/11/2011 - 08:14
Johannesburg - Integrated poultry producer Astral Foods [JSE:ARL] on Monday reported a 19% rise in diluted headline earnings per share from 959c to 1 145c for the year ended September 30 2011. read more
 Astral Foods earnings up 31%

Astral Foods earnings up 31%

16/05/2011 - 15:00
Poultry producer Astral Foods (ARL) on Monday reported a 31% rise in diluted headline earnings per share to 635 cents for the six months ended March 2011 from 486 cents a year ago. read more
County Fair denies claims

County Fair denies claims

05/04/2011 - 00:00
County Fair, a division of Astral Foods, has allegedly been selling short measure chicken products, the National Regulator for Compulsory Specifications (NRCS) said on Monday. read more