|
|
Astral - trading statement and operational update
The Group has a reasonable degree of certainty that, for the year ended 30 September 2026 (“FY2026”):
- earnings per share (“EPS”) is expected to increase between 90% and 100% compared to the year ended 30 September 2025 (“FY2025” or “prior comparable year”). This will result in an EPS of between 4 324 cents and 4 552 cents (FY2025: 2 276 cents); and
- headline earnings per share (“HEPS”) is expected to increase between 95% and 105% compared to the prior comparable year. This will result in a HEPS of between 4 277 cents and 4 496 cents (FY2025: 2 193 cents).
Operational update
The key drivers behind the improved earnings are:
- softer maize and soya prices on local and global soft commodity markets, resulted in lower poultry feed input costs;
- internal feed sales increased on higher broiler production volumes, together with growth in external feed sales volumes;
- poultry farming efficiencies improved, and together with lower feed costs, benefitted the broiler live production cost;
- poultry sales realisations improved, supported by volume growth in higher margin segments of the sales mix, and
- assistance from Astral’s best cost strategy.
It is expected that the results for the FY2026 will be published on SENS on Monday, 23 November 2026.
|
|
Click here for original article
|
| |
| |
| Click here for full news archive for this company |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
