RFG Increases Sales By 8% As Lockdown Impacts Key Products
RFG reported a resilient performance in the year to September 2020 as turnover increased by 8.3% to R5.9 billion, despite Covid-19 impacting sales and profitability in the fruit juice and pie categories, and severely curtailing exports to China.
Read MoreRhodes Quality introduces new flavour to 100% fruit juice range
Rhodes Quality has launched a delicious new juice flavour to the current range of 100% fruit juices. The refreshing new Breakfast Medley 100% juice is a tasty combination of orange, guava and granadilla.
Read MorePieter Hanekom Appointed Deputy CEO Of RFG
Pieter Hanekom, the managing director of the Long Life Foods division of Rhodes Food
Group, has been appointed as deputy CEO of RFG Holdings Limited with effect from 8
July 2020.
RFG Sales Up 10% On Strong Domestic Demand
RFG increased group turnover by 9.6% to R2.9 billion in the six months to end March 2020 as the regional business across South Africa and sub-Saharan Africa grew sales by 11.5%.
Read MoreRFG Posts Strong Regional Growth As International Slows
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…
Read MoreName Change To RFG Holdings Reflects Multi-brand Strategy
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…
Read MoreStrong turnaround in performance as RFG earnings up 38%
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,…
Read MoreResilient Performance as RFG Increases Turnover by 9.6%
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…
Read More