RFG overcame challenging trading conditions to increase revenue by 10.0% in the 11 months to August 2023. Growth was driven by price inflation of 13.5% as the group continued to recover the higher input costs encountered over the past two years. CEO Pieter Hanekom said slower consumer spending and increased competitor promotional activity created volume…

RFG Foods recently clinched the prestigious Dairy Product of the Year Award at the highly acclaimed South African Dairy Championships 2023 for its 600g Ayrshire Mozzarella, produced exclusively for Woolworths. This product emerged as the leader among an impressive array of 929 dairy products from 71 renowned producers. Con Costaras, Managing Director of Fresh Foods…

Groot Drakenstein – RFG Holdings today reported a 37.1% increase in headline earnings to R217 million for the six months ended March 2023 as the regional and international businesses expanded margins and delivered strong all-round performances. The Western-Cape based food producer, which owns market-leading brands Rhodes, Bull Brand, Magpie, Squish, Hinds and Today, increased group…

  RFG is accelerating its renewable energy infrastructure programme in response to load shedding, with solar installations planned for a further seven manufacturing facilities over the next two years. Solar energy has already been installed at the group’s fruit juice plant in Wellington and vegetable products factory in Limpopo. The first of the seven new…

Groot Drakenstein – RFG Holdings increased headline earnings by 57% to R361 million in the year to September 2022 as its international division capitalised on higher global demand for canned fruit products and delivered a strong recovery in profitability. The Western-Cape based food producer, which owns market-leading brands Rhodes, Bull Brand, Magpie, Squish, Hinds and…

RFG Holdings increased revenue by 21.2% in the 11 months to August 2022, the group announced in a trading update released on the stock exchange news service (SENS). In the first six months of the 2022 financial year RFG reported revenue growth of 20.9%. Chief executive officer Pieter Hanekom said growth was driven by ongoing…

18 July 2022: RFG partnered with Ladles of Love this Mandela Day to make a difference to thousands of people who have been affected by food insecurity and hunger. “Food insecurity is an increasing concern in South Africa, with many of our communities either suffering from hunger or malnutrition, which has been worsened by the…

Groot Drakenstein – RFG Holdings delivered strong revenue growth of 20.9% to R3.4 billion for the half-year to 3 April 2022, supported by good volume growth in its regional and international businesses. The Western-Cape based food producer, which owns market-leading brands Rhodes, Bull Brand, Magpie, Squish, Hinds and Today, increased operating profit by 30.6% to…