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Libstar - disposal, trading update and conference
Libstar advised shareholders that the Group has disposed of its fresh mushroom operations effective from 1 December 2025 (the "Disposal").
Pre-close trading update
Market Overview
Retail sales value growth for Libstar's Total Defined Market (excluding staples), continued to decelerate in Q3. Wholesale channel sales growth exceeded growth in the Retail channel.
Revenue Growth
Libstar's year-to-date revenue increased by 6.7%. Excluding the impact of the below extraordinary items, Group volumes increased by 3.1% with a price/mix contribution of 3.6%.
Ambient Product Category
Ambient Products category revenue increased by 5.6%, driven by the continued resilient performance of the Wet Condiments sub-category. Price and mix changes contributed 5.9% of revenue growth while volumes decreased by 0.4%.
Perishable Product Category
Perishable Products category revenue increased by 8.1%, with volumes up 23.2% and a price/mix reduction of 15.0%.
Gross Profit Margins
The Group's gross margins tracked ahead of the prior year.
Investor pre-close conference call
Shareholders were advised that Libstar will host a pre-close investor call at 17:00 (CAT) today, 10 December 2025, to provide an update for the year-to-date period ended 21 November 2025, prior to entering a closed period on 31 December 2025.
Participants should register for the online meeting using the following link: www.corpcam.com/Libstar10122025.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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