Edition:
United Kingdom

RCL Foods Ltd (RCLJ.J)

RCLJ.J on Johannesburg Stock Exchange

1,720.00ZAc
23 May 2018
Change (% chg)

38.00 (+2.26%)
Prev Close
1,682.00
Open
1,760.00
Day's High
1,798.00
Day's Low
1,700.00
Volume
43,480
Avg. Vol
125,902
52-wk High
1,995.00
52-wk Low
1,363.00

Latest Key Developments (Source: Significant Developments)

RCL Foods Says So Far Incurs 75 Mln Rand Costs Associated With Product Recall, Suspension Of Ops At Wolwehoek Processing Plant​
Monday, 26 Mar 2018 

March 26 (Reuters) - RCL Foods Ltd ::‍UPDATES ON FINANCIAL IMPACT OF PRODUCT RECALL AND SUSPENSION OF OPERATIONS AT WOLWEHOEK PROCESSING PLANT​.‍IDENTIFIABLE COSTS INCURRED TO DATE, ASSOCIATED DIRECTLY WITH RECALL AND SUSPENSION OF PRODUCTION, ARE ESTIMATED TO BE APPROXIMATELY R75M​.‍THERE IS FINANCIAL IMPACT ASSOCIATED WITH LOST CONTRIBUTION ON POLONY PRODUCTS BEING OUT OF TRADE.‍THERE IS FINANCIAL IMPACT ASSOCIATED WITH UNEXPECTED IMPACT ON BALANCE OF RAINBOW'S CHILLED PROCESSED MEATS AND OTHER CHICKEN CATEGORIES​.‍MANAGEMENT ESTIMATES PROFIT IMPACT TO BE APPROXIMATELY R20M PER MONTH ​.‍ACTIVELY ENGAGING GOVERNMENT IN ORDER TO RESUME OPERATIONS AT WOLWEHOEK PROCESSING PLANT AS SOON AS POSSIBLE​.  Full Article

RCL Foods FY revenue up 6.8 pct to 25 bln rand
Tuesday, 30 Aug 2016 

Rcl Foods Ltd : FY headline earnings per share of 98,5 cents (2015: 112,2 cents) . Declared a final dividend of 15,0 cents per share (2015: 22,0 cents). . FY revenue 25,0 billion rand versus 23,4 billion rand year ago ."Is forced to relook at all options in evaluating our chicken busines model.".  Full Article

RCL Foods sees FY HEPS from cont ops between 95-105 cents vs 112.2 cents yr ago
Thursday, 18 Aug 2016 

RCL Foods Ltd : Trading statement . Sees FY HEPS from continuing operations between 95.0 cents and 105.0 cents versus heps of 112.2 cents for year ended June 30 2015 . Says FY HEPS from continuing operations excluding three items for year ended 30 june 2016 will be between 61.4-71.4 cents versus 112.2 cents last year .Results materially impacted by an impairment of 642.8 mln rand relating to goodwill and trademarks in Milling cash generating unit.  Full Article

Zambia ends ban on S.African food imports, except those linked to listeria

LUSAKA, April 3 Zambia on Tuesday lifted a ban on imported food from South Africa except "risky food" from units of Tiger Brands and RCL Foods that have been linked to a listeria outbreak that has killed 180 people since early 2017.