RFG increased turnover by 7.6% for the five months to February 2020 as the group’s regional business lifted sales by 9.3% while international turnover declined by 1.7% owing to a marked slowdown in exports to China following the outbreak of COVID-19.   Regional fresh foods turnover increased by 15.9% for the five months, with the…

Shareholders have approved the change of the listed holding company’s name from RFG Foods Holdings to RFG Holdings.   CEO Bruce Henderson said the objective of adopting the name RFG is to create an identity and branding for the holding company which is distinct from the main operating subsidiary, RFG Foods, and the group’s main…

RFG Foods Holdings (RFG) today reported a strong turnaround in performance for the year to September 2019 as operating profit increased by 25% and headline earnings by 38%. The group increased its annual dividend by 37% to 27.9 cents per share.   The Western Cape-based food producer, which owns market-leading brands Rhodes, Bull Brand, Magpie,…

RFG Foods increased turnover by 9.6% in the 10 months to July 2019 as the group’s regional business overcame the weak macroeconomic and consumer environment to grow turnover by 8.8%.   CEO Bruce Henderson said good growth in the canned meat, fruit juice and dry foods categories contributed to the regional long life business increasing…

RFG Foods has received the award for the Best Reporting and Communications in the consumer products sector in the annual Investment Analysts Society of South Africa (IASSA) awards for excellence in financial reporting and communications.   The awards are voted by members of the IASSA who are the country’s investment decisionmakers and recognise the standard…

RFG has recently completed the acquisition of a protein snack food business from RCL Foods Consumer (Pty) Ltd for R30 million.   The business produces a range of protein snacks for Woolworths, including meat balls and chipolata sausages.     The new business has been integrated into the Western Cape ready meals factory at the…