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RCL Foods Ltd (RCLJ.J)

RCLJ.J on Johannesburg Stock Exchange

1,752.00ZAc
16 Jul 2018
Change (% chg)

-38.00 (-2.12%)
Prev Close
1,790.00
Open
1,739.00
Day's High
1,766.00
Day's Low
1,739.00
Volume
1,206
Avg. Vol
104,367
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 11:02am EDT 

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 11:01am EDT 

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 06:00am EDT 

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

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South Africa blames food firms for world's worst listeria outbreak

JOHANNESBURG South Africa said on Monday producers of cold meat products were to blame for delays in tracing the cause of the world's worst listeria outbreak, which has killed 180 people in the past year. | Video