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United Kingdom

Pioneer Food Group Ltd (PFGJ.J)

PFGJ.J on Johannesburg Stock Exchange

10,072.00ZAc
17 Aug 2018
Change (% chg)

-428.00 (-4.08%)
Prev Close
10,500.00
Open
10,324.00
Day's High
10,501.00
Day's Low
9,991.00
Volume
475,105
Avg. Vol
350,112
52-wk High
14,644.00
52-wk Low
9,991.00

Latest Key Developments (Source: Significant Developments)

Pioneer Food Group Posts Headline Earnings Per Share Of 317 Cents
Monday, 21 May 2018 

May 21 (Reuters) - Pioneer Food Group Ltd ::HY REVENUE R9 899 MILLION DOWN 3%.HY HEADLINE EARNINGS PER SHARE 317 CENTS.HY ADJUSTED HEADLINE EARNINGS PER SHARE 320 CENTS.ANTICIPATES FURTHER IMPROVEMENT IN PERFORMANCE IN SECOND HALF OF FINANCIAL YEAR.GROSS INTERIM DIVIDEND FOR SIX MONTHS ENDED 31 MARCH 2018 OF 105 CENTS.  Full Article

Pioneer Foods To Buy UK Granola Brand Lizi's For An Undisclosed Amount​
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Pioneer Food Group Ltd ::‍PIONEER FOODS TO BUY UK GRANOLA BRAND LIZI'S​.DEAL WHICH IS EFFECTIVE IMMEDIATELY SEES PIONEER FOODS UK ACQUIRING 100% OF ISSUED SHARE CAPITAL OF GOOD CARB FOOD CO FOR UNDISCLOSED AMOUNT.  Full Article

Pioneer Food Group says FY HEPS down 55 pct to 410 cents
Monday, 20 Nov 2017 

Nov 20 (Reuters) - PIONEER FOOD GROUP LTD ::FY ‍REVENUE DECREASED BY 5% FROM R20.6 BILLION​.FY ‍PROFIT BEFORE TAX AMOUNTED TO R985 MILLION AFTER FINANCE COSTS OF R197 MILLION​.‍FY TOTAL GROUP EARNINGS PER SHARE DECREASED BY 57% TO 390 CENTS PER SHARE (2016: 912 CENTS PER SHARE).​.‍FY HEADLINE EARNINGS PER SHARE (HEPS), DECREASED BY 55% TO 410 CENTS PER SHARE (2016: 904 CENTS PER SHARE)​.‍GROSS FINAL DIVIDEND OF 260 CENTS (2016: 260 CENTS) PER SHARE HAS BEEN APPROVED AND DECLARED BY BOARD FOR YEAR ENDED 30 SEPTEMBER 2017.‍FORESEE POSITIVE OUTLOOK FOR PIONEER FOODS IN CURRENT FINANCIAL YEAR AND BEYOND.  Full Article

Pioneer Foods says to acquire full ownership of Heinz Foods SA​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Pioneer Food Group Ltd::‍ACQUISITION OF OUTSTANDING 50.1% IN ITS JOINT VENTURE, FROM HEINZ FOODS SA PROPRIETARY LIMITED, A SUBSIDIARY OF KRAFT HEINZ COMPANY.​.‍HEINZ FOODS SA WILL BECOME A WHOLLY OWNED SUBSIDIARY OF PIONEER FOODS.​.CO WILL ENTER INTO A 2 -YEAR AGREEMENT WITH KRAFT HEINZ PURSUANT TO WHICH THEY WILL MANUFACTURE AND DISTRIBUTE HEINZ TOMATO KETCHUP PRODUCTS​.‍TRANSACTION IS EXPECTED TO CLOSE IN Q1 OF 2018, PENDING REGULATORY APPROVAL.​.‍PIONEER FOODS WILL ALSO DISTRIBUTE HP & LEA PERRINS PRODUCTS AND CERTAIN OTHER KRAFT HEINZ PRODUCTS.​.  Full Article

Pioneer Food says FY ‍revenue decreased by between 4 pct and 6 pct
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Pioneer Food Group Ltd :FY ‍REVENUE DECREASED BY BETWEEN 4% AND 6% FROM R20.6 BILLION​.  Full Article

Pioneer Food says turnover for 4 months to Jan.31 up 5.1 percent
Friday, 10 Feb 2017 

Pioneer Food Group Limited : Trading update for 4 months ended 31 january 2017 . Pioneer foods increased group turnover by 5.1 pct for four months to 31 January 2017 . Contracting volumes were evident in a number of categories for varying reasons. South african business increased turnover by 7.6 pct, whilst international turnover declined by 10.3 pct . International division encountered strong headwinds . Manufacturing consolidation, cost and an efficiency focus continues to make progress. . High base-effect of beverages in prior year, due to extremely hot summer season, was not repeated this year .Final approval from kenyan competition authorities for weetabix east africa transaction remains outstanding..  Full Article

Pioneer Food says in talks with CIPC over annual returns disclosure issues
Thursday, 13 Oct 2016 

Pioneer Food Group Limited : Jse: Pfg - Voluntary Announcement . Refer to CIPC news published in media on 11 oct that implicates co,others in under-disclosing certain turnover values in annual return submissions to CIPC . Pioneer Foods has been engaging CIPC since receipt of initial communication from them in August 2016 .Amount due to CIPC was r3000 together with penalties of r1000. Payment process was already initiated on 28 September 2016.  Full Article

Pioneer Food as Cindy Hess resigned as CFO
Monday, 3 Oct 2016 

Pioneer Food Group Ltd : Cindy Hess has resigned as chief financial officer of Pioneer Foods, effective Oct. 31 2016 .Cas Lamprecht will assume role of acting CFO until a suitable replacement has been appointed.  Full Article

BRIEF-S.Africa's Competition Commission Conditionally Approves Heinz SA- Pioneer Foods Deal

* SOUTH AFRICA'S COMPETITION COMMISSION - HAS APPROVED PROPOSED MERGER, WITHOUT CONDITIONS, WHEREBY ANSYS INTENDS TO ACQUIRE LAW TRUST