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RCL Foods Ltd (RCLJ.J)

RCLJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

SA's Health Ministry Says Test Samples From RCL's Wolwehoek Facility Showed Listeria Monocytogenes
Wednesday, 28 Mar 2018 04:20am EDT 

March 28 (Reuters) - SA'S MINISTRY OF HEALTH::SA'S MINISTRY OF HEALTH SAYS WHOLE GENOME SEQUENCING RESULTS OF LISTERIA MONOCYTOGENES FOUND AT RAINBOW FOODS’ WOLWEHOEK PRODUCTION FACILITY.SA'S MINISTRY OF HEALTH SAYS WHOLE GENOME SEQUENCING HAS CONFIRMED STRAINS FOUND IN THE PRODUCTION FACILITY ARE NOT THE ST6 OUTBREAK STRAIN.SA'S MINISTRY OF HEALTH- PRESENCE OF L. MONOCYTOGENES OF OTHER SEQUENCE TYPES IN RETAIL POLONY CHUBS, PRODUCTION FACILITY DO ALSO CAUSE THE DISEASE ‍​.  Full Article

RCL Foods Says Wolwehoek Polony Plant Is Clear Of St6 Listeria Strain​
Friday, 16 Mar 2018 03:05am EDT 

March 16 (Reuters) - RCL Foods Ltd ::WOLWEHOEK POLONY PLANT IN FREE STATE IS CLEAR OF ST6 LISTERIA STRAIN​.‍RAINBOW POLONY PRODUCTS FROM WOLWEHOEK PLANT WERE RECALLED AS A PRECAUTIONARY MEASURE AND PLANT HAS BEEN TEMPORARILY CLOSED​.‍TESTS CONDUCTED BY AN INDEPENDENT LABORATORY IN FRANCE HAVE SHOWN THAT PLANT IS CLEAR OF ST6 LISTERIA STRAIN​.‍RECALL DOES NOT AFFECT ANY OTHER RCL FOODS FACILITIES OR PRODUCTS, INCLUDING FRESH AND FROZEN RAINBOW CHICKEN​.  Full Article

Rcl Foods' Wolwehoek Plant To Suspend Production Of Rainbow Polony Brand
Monday, 5 Mar 2018 02:28am EST 

March 5 (Reuters) - Rcl Foods Ltd ::CONFIRMS ITS WOLWEHOEK PROCESSING PLANT HAS TAKEN PRE- CAUTIONARY MEASURE TO SUSPEND ALL PRODUCTION OF RCL FOODS' RAINBOW POLONY BRAND.​.‍MINISTER ANNOUNCED THAT INVESTIGATION OF RCL FOODS' WOLWEHOEK PRODUCTION FACILITY IS ALSO UNDERWAY.‍IS IN PROCESS OF RECALLING ALL RAINBOW POLONY PRODUCTS FROM ITS ENTIRE CUSTOMER BASE​.‍SPECIFIC STRAIN OF PATHOGEN RESPONSIBLE FOR OUTBREAK HAS NOT BEEN LINKED TO WOLWEHOEK FACILITY​.AT WOLWEHOEK PRODUCTION FACILITY, POLONY PRODUCTS HAVE TESTED POSITIVE FOR L. MONOCYTOGENES, ALTHOUGH SEQUENCE TYPES OF ISOLATES ARE NOT ST6​.‍NATIONAL CONSUMER COMMISSION HAS ISSUED PRECAUTIONARY SAFETY RECALL NOTICES FOR POLONY PRODUCTS FROM BOTH OF THESE FACILITIES​.  Full Article

RCL Foods Says HY ‍Headline Earnings R644,7 Mln, Up 56.9%​
Monday, 26 Feb 2018 12:05am EST 

Feb 26 (Reuters) - Rcl Foods Ltd ::HY ‍HEADLINE EARNINGS R644,7 MILLION, UP 56.9%​.HY ‍REVENUE R12,8 BILLION, DOWN 2.4%​.‍INTERIM DIVIDEND PER SHARE 15,0 CENTS, UP 50.0%​."‍CAUTIOUSLY OPTIMISTIC" THAT CONSUMER SPENDING HAS BEGUN TO IMPROVE, WHICH SHOULD ALLOW VOLUMES TO CONTINUE TO RECOVER FROM LOW POINT​.‍LOGISTICS' SECOND HALF OF CURRENT FINANCIAL YEAR IS EXPECTED TO BE AN IMPROVEMENT OVER CORRESPONDING PERIOD​.  Full Article

RCL Foods Sees HY HEPS To Be Between 69.5 Cents And 79.0 Cents ​
Monday, 12 Feb 2018 05:51am EST 

Feb 12 (Reuters) - Rcl Foods Ltd ::‍EARNINGS PER SHARE FOR SIX MONTHS ENDED DECEMBER 2017 IS EXPECTED TO BE BETWEEN 72.0 CENTS (+93.5%) AND 79.0 CENTS​.‍HEADLINE EARNINGS PER SHARE FOR SIX MONTHS ENDED DECEMBER 2017 IS EXPECTED TO BE BETWEEN 69.5 CENTS (+46.0%) AND 79.0 CENTS (+66.0%)​.‍EXCLUDING ONCE-OFF ITEMS, HEPS FOR 6 MONTHS TO DEC EXPECTED TO BE BETWEEN 69.5 CENTS-79.0 CENTS COMPARED TO NORMALISED HEPS OF 55.1 CENTS.‍IMPROVEMENT IN UNDERLYING HY RESULTS OVER CORRESPONDING PERIOD IS MAINLY ATTRIBUTABLE TO CHICKEN BUSINESS UNIT​.‍SUGAR BUSINESS UNIT'S RESULT IS MATERIALLY DOWN ON CORRESPONDING PERIOD​.  Full Article

RCL Foods says FY HEPS down 34.2 pct at 63.5 cents
Tuesday, 29 Aug 2017 11:01am EDT 

Aug 29 (Reuters) - Rcl Foods Ltd :FY REVENUE AT R25,0 BILLION.FINAL DIVIDEND OF PER SHARE 20,0 CENTS.FY HEADLINE EARNINGS PER SHARE AT 63.5 CENTS V 96.5 CENTS YEAR AGO.CAPITAL EXPENDITURE (INCLUDING INTANGIBLES) FOR YEAR ENDED JUNE 2017 WAS R834,5 MILLION.  Full Article

RCL Foods sees FY HEPS to be between 57.5 cents and 67.5 cents
Thursday, 17 Aug 2017 08:40am EDT 

Aug 17 (Reuters) - RCL FOODS LTD ::SEES FY HEPS TO BE BETWEEN 57.5 CENTS (-41.6%) AND 67.5 CENTS (-31.5%) WHEN COMPARED TO REPORTED HEPS OF 98.5 CENTS FOR PRIOR YEAR.  Full Article

RCL Foods six-month HEPS down 44.8 pct
Thursday, 23 Feb 2017 10:01am EST 

RCL Foods Limited : Unaudited group financial results and cash dividend declaration for the six months ended Dec. 31, 2016 . Six-month revenue R13.1 billion, up 1.6 pct . Six-months headline earnings per share 47.6 cents, down 44.8 pct . Six-month cash generated by operations R103.2 million, down 73.2 pct . Interim dividend per share 10.0 cents, down 33.3 pct . We expect demand, and therefore volumes, to remain constrained .Within sugar business unit, rainfall, industry pricing and import levels remain key drivers of profitability for H2 2017.  Full Article

RCL Foods sees 6-month HEPS to be between 40-55 cents
Tuesday, 31 Jan 2017 05:19am EST 

RCL Foods Ltd : HEPS for six months ended Dec.31 2016 is expected to be between 40.0 cents (-54.1 pct) and 55.0 cents (-36.9 pct) . Foreign exchange loss of 27.9 mln rand for six months to Dec.31; impact on HEPS and EPS is a negative 3.2 cents. .Results were materially impacted by release of 163.3 mln rand provision for uncertain taxation disputes raised as part of Foodcorp acquisition.  Full Article

UPDATE 1-Revised business model spurs profits at South Africa's RCL Foods

JOHANNESBURG, Aug 28 South African poultry producer RCL Foods' reported a 50 percent jump in full-year profits on Tuesday, saying the restructure of its chicken business and growth in its grocery unit helped it improve its performance.