RFG delivered a resilient performance in the weak domestic trading environment, increasing revenue by 5.1% for the five months to February 2024. CEO Pieter Hanekom said consumer spending continues to be impacted by inflationary pressures and high interest rates, while in the international business export shipments are being adversely affected by operating inefficiencies and congestion…

Bull Brand has again been voted as an Icon Brand in the authoritative Ask Afrika Icon Brands 2023/2024 survey which recognises South Africa’s most loved and trusted brands. Bull Brand was also voted the country’s favourite canned meat brand. The Icon Brands survey is the largest of its kind in South Africa and covers 18…

Groot Drakenstein – RFG Holdings increased headline earnings by 35.3% to R488 million for the year to September 2023 as the group expanded its regional and international profit margins, generated strong cash flows and significantly improved its debt position. The group’s final dividend was increased by 35.4% to 62.0 cents per share. The Western-Cape based…

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…