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16-Oct-2017
(Official Notice)
Further to the general trading update issued on 20 September 2017 which indicated a year-on-year improvement of at least 65% in both earnings per share and headline earnings per share, shareholders are now advised that a reasonable degree of certainty exists that Astral's headline earnings per share for the year ended 30 September 2017 will reflect an increase of between 80% (772 cents per share) and 100% (965 cents per share) compared to the previous comparable period. This implies that headline earnings per share is expected to be between 1 737 and 1 930 cents per share. The headline earnings per share for the financial year ended 30 September 2016 was 965 cents per share.



Earnings per share for the year ended 30 September 2017 will reflect an increase of between 85% (819 cents per share) and 105% (1 012 cents per share) compared to the previous comparable period. This implies that earnings per share is expected to be between 1 783 and 1 976 cents per share. The earnings per share for the year ended 30 September 2016 was 964 cents per share.



This further improvement is attributable, amongst others, to the fact that no further losses were incurred as a result of the outbreak of Avian Influenza for the remainder of the 2017 financial year. The all-round trading results for the month of September 2017 were also significantly better than expected at the time of the trading update published on 20 September 2017.



It is expected that the results for the year ended 30 September 2017 will be published on SENS on 20 November 2017.
20-Sep-2017
(Official Notice)
Astral Foods? results for the year ending September 2017 are expected to show a material turnaround compared to those of September 2016. Lower feed costs experienced during the second half of 2017 versus the abnormal high feed costs during both the comparative period and first half of 2017, contributed to the recovery in profit margins.



Selling prices for poultry products were also stable during the winter months which also supported the improvement in profits.



Shareholders are advised that both Earnings Per Share (EPS) and Headline Earnings Per Share (HEPS) for the year ending September 2017 are expected to be at least 65% up on the results for the previous year.



This implies that the EPS for the year ending September 2017 is expected to be at least 1 591 cents per share (2016: 964 cents per share) and the HEPS to be at least 1 592 cents per share (2016: 965 cents per share).



A trading statement will be published once a more definite range of the expected EPS and HEPS can be provided.



It is expected that the results for the year ending 30 September 2017 will be published on SENS on 20 November 2017.



The information on which this general trading update is based has not been reviewed and reported on by Astral Foods? auditors.

24-Aug-2017
(Official Notice)
Astral reported an outbreak of Highly Pathogenic Avian Influenza (HPAI) H5N8 in June 2017 affecting one of its poultry breeding farms in Villiers. Despite extreme measures taken to reduce the risk of any further infections on any other Astral farms, a second outbreak of H5N8 was confirmed on 1 August 2017 on an Astral poultry breeding facility known as Welbedacht, situated on the banks of the Grootdraai dam just outside Standerton in Mpumalanga.



Astral would like to update shareholders on the situation regarding the HPAI infection reported on the Welbedacht farm. It was previously reported that the outbreak on Welbedacht was isolated to one poultry shed on the farm, and that the outbreak was being managed in an effort to contain the spread of the infection to the rest of the farm. Astral can report that notwithstanding a huge effort and numerous measures implemented to contain the infection to the one affected shed, the infection has spread to other sheds on the farm. The farm remains under quarantine and Astral has depopulated the affected sheds.



To date the cost of the most recent outbreak, together with the cost of the first outbreak at Villiers that occurred in June 2017, amounts to R50 million.



Notwithstanding the two outbreaks experienced by Astral, all the contingency plans have ensured continued supply of hatching eggs and broiler day old chicks to the broiler farms, and as such will not have any impact on broiler supply to Astral?s poultry processing plants or the supply of chicken to the market. All stakeholders are reminded that this infection has impacted breeding stock and not broiler birds destined for meat production.
02-Aug-2017
(Official Notice)
Shareholders are referred to the press release published on 22 June 2017 confirming that a strain of Avian Influenza (AI) known as H5N8 had been isolated on one of Astral Foods? breeding sites based in the Villiers district. The direct cost impact of this outbreak amounted to approximately R25 million.



Despite taking extreme measures to contain any further outbreak of the AI at our operations, a second outbreak has been isolated and confirmed on 1 August 2017 in one poultry shed on a breeding farm consisting of 48 poultry sheds in the Standerton area, on the banks of the Grootdraai Dam. This new outbreak is being handled with extreme care, diligence and with the experience gained from the first outbreak.



The financial impact to date of this second outbreak is still limited, and possible future costs cannot be determined as it depends on whether the outbreak will spread further. It is not foreseen at this stage that this incident will impact broiler supply to the processing plants or the supply of chicken to the market.
25-Jul-2017
(Official Notice)
In compliance with rule 3.59 of the Listing Requirements the following is advised:

Dr. Theuns Eloff, an independent non-executive director and chairman of the board of Astral Foods, has been appointed as member of the Social and Ethics Committee with effect from 25 July 2017. His appointment is in line with Principle 8 of the King IV Code on Corporate Governance.

15-May-2017
(C)
Revenue for the interim period lowered to R5.795 billion (2016: R5.823 billion), gross profit fell by 16.4% to R941.2 million (2016: R1.126 million), profit attributable to equity holders of the holding company decreased 54.6% to R136.4 million (2016: R300.5 million), while headline earnings per share weakened to 356 cents per share (2016: 774 cents per share).



Dividend

The board has approved an interim dividend of 180 cents per ordinary share (gross) in respect of the six months ended 31 March 2017.



Company prospects

- The weakened state of consumer spending is unlikely to improve due to poor economic growth and higher unemployment.

- The current safeguard duty recommended by ITAC against the EU is not expected to significantly curb poultry import levels (March 2017 USA spike).

- The new brining regulations will continue to negatively impact total kilograms sold at the revised brining level of 15% on IQF product.

- The risk of permanent power cuts by Eskom to Astral's operations in Standerton has been negated through an order of the High Court.

- Record local maize crop is expected for the current harvest season at 14,5 million tons which historically is the largest change in the crop size year-on-year (2016: 7,7 million tons).

- Poultry production efficiencies are expected to remain intact on the back of superior nutrition optimising the genetic potential of the Ross 308 breed.
03-Apr-2017
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral Foods? headline earnings per share (HEPS) for the six months ending 31 March 2017 will reflect a decrease of between 50% (decrease of 387 cents per share) and 60% (decrease of 464 cents per share) compared to the previous comparable period. This implies that HEPS is expected to be between 387 cents and 310 cents. HEPS for 31 March 2016 was 774 cents.



Earnings per share (EPS) for the six months ending 31 March 2017 will also reflect a decrease of between 50% (decrease of 389 cents per share) and 60% (decrease of 466 cents per share) compared to the previous comparable period. This implies that EPS is expected to be between 388 and 311 cents. EPS for 31 March 2016 was 777 cents.



The results for the six months ending March 2017 are expected to be better than what was indicated at the time when the General trading update was issued on 6 February 2017 which stated that the HEPS and EPS were expected not be down more than 75% on the previous period. This improvement on the previous estimate was as a result of:

*Planned poultry production cutbacks during the second quarter in order to avoid prolonged overstock conditions; and

*The adjustment in selling prices to offset the impact of the newly legislated brining levels of individually quick frozen (IQF) products was successfully implemented and sustained throughout the period.



The information on which the trading statement is based has not been reviewed and reported on by Astral Foods? auditors. It is expected that the results for the six months ending 31 March 2017 will be published on SENS on 15 May 2017.
01-Mar-2017
(Official Notice)
Mr. T Delport has tendered his resignation as managing director: Commercial Division of Astral Foods and will leave its employ on 28 April 2017.



01-Mar-2017
(Official Notice)
Shareholders are advised that JP Morgan Equities South Africa Ltd. has resigned as sponsor to Astral Foods with effect from 28 February 2017. Further to the above, the board of directors of Astral Foods is pleased to advise shareholders that Nedbank Corporate and Investment Banking, a division of Nedbank Ltd., has been appointed as sponsor to Astral Foods with effect from 1 March 2017.

10-Feb-2017
(Official Notice)
The board of directors advised the retirement of Dr N Tsengwa as non-executive director of Astral with effect from 9 February 2017.



Mrs Tshepo Shabangu, an independent non-executive director of Astral, has been appointed as member of the Human Resources, Remuneration and Nominations Committee and as chairman of the Human Resources and Remuneration section of the Human Resources, Remuneration and Nominations Committee of Astral Foods with effect from 9 February 2017.
09-Feb-2017
(Official Notice)
The annual general meeting of Astral Foods was held, Thursday, 9 February 2017. All the ordinary and special resolutions as set out in the notice of annual general meeting to shareholders dated 16 November 2016, were approved by the requisite majority of shareholders.



The detailed results of the voting are as follows:

The total number of ordinary shares in issue at the date of the meeting: 42 823 085 shares.
06-Feb-2017
(Official Notice)
In line with the outlook published in our 2016 financial year results on 21 November 2016, trading for the first quarter ended 31 December 2016 was negatively impacted by the following:

- weakened consumer spending;

- lower kilograms sold mainly as a result of the new brining regulations;

- high maize and soya meal prices that will continue up to May 2017 when the new harvest season starts; and

- continuously high levels of imported poultry, not impacted by the safeguard duty implemented as recommended by International Trade Administration Commission of South Africa (ITAC).



In addition to the above, Astral introduced planned production cutbacks in order to alleviate the pressure on the overstocked poultry levels. Shareholders are advised that the operating profit for the first quarter was 70% lower than the corresponding period. This decline was expected given the reasons provided above and indications are that trading conditions that gave rise to this lower profitability, will continue well into 2017.



Based on the first quarter?s results and the continuation of the current unfavourable trading conditions, both the earnings per share (EPS) and headline earnings per share (HEPS) are expected to be down not more than 75% on the results for the previous year?s comparative period. This implies that both the EPS and the HEPS for the six months to March 2017 is expected to be at least 194 cents per share (2016: EPS 777 cents per share and HEPS 774 cents per share).



A trading statement on the results for the first half of the 2017 financial year will be released once a more definite range of the expected earnings can be provided.



It is expected that the interim results for the six months to 31 March 2017 will be published on 15 May 2017.
21-Nov-2016
(C)
Revenue for the year increased by 6.1% to R11.954 billion (2015: R11.266 billion), gross profit dropped to R1.869 billion (2015: R2.518 billion), profit attributable to equity holders of the holding company fell to R373 million (2015: R778.1 million), while headline earnings per share dropped to 965 cents per share (2015: 2 016 cents per share).



Dividend

The board has approved a final dividend of 100 cents per ordinary share (gross) in respect of the year ended 30 September 2016.



Outlook

- The weakened state of consumer spending is unlikely to improve due to poor economic growth and higher unemployment which will continue to constrain an increase in the per capita consumption of poultry.

- The new brining regulations will negatively impact total kilograms sold at the revised brining level of 15% on IQF product.

- High maize and feed prices will continue for at least the first half of 2017 on the back of the severe drought.

- The safeguard duty recommended by ITAC against the EU is not expected to significantly curb poultry import levels.

- The consensus amongst weather forecasters is that normal rainfall can be expected over the next South African maize growing season, which should lead to lower SAFEX maize prices from May 2017 .

- Poultry production efficiencies are expected to remain good on the back of the inherent genetic potential of the Ross 308 breed.

- Contraction in local production due to cutbacks, resizing and closures could result in an improved balance between supply and demand.
22-Sep-2016
(Official Notice)
Dr M T (Theunie) Lategan has been appointed as an independent non-executive director of Astral with effect from 21 September 2016. He will also serve as a member on the Audit and Risk Management Committee from this date.
12-Sep-2016
(Official Notice)
Shareholders are advised that based on the year to date results to the end of August 2016 and preliminary forecasts for the month of September 2016, a reasonable degree of certainty exists that both headline earnings and earnings per share for the twelve months ending 30 September 2016 will be down between 50% and 70% compared to the previous year.



This implies that headline earnings per share for the twelve months ending 30 September 2016 is expected to be between 1 008 and 605 cents per share (2015: headline earnings per share 2 016 cents per share). Earnings per share for the twelve months to end September 2016 is expected to be between 1 006 and 604 cents per share (2015: earnings per share 2 013 cents per share).



The trading conditions experienced during the first half of the financial year that resulted in the reduction in the reported profits for the six months ended 31 March 2016, continued into both the third quarter and fourth quarter of the financial year. Shareholders were alerted to these conditions in the general operational update published on 19 July 2016.



It is expected that the full year results to 30 September 2016 will be published on 21 November 2016.
20-Jul-2016
(Official Notice)
The prospects contained in the interim results for the six months to end March 2016 which were published on 16 May 2016, alerted shareholders to the negative impact that high feed costs, poultry imports and the weak consumer market would have on the results of the group.



Environment / operating context

During the third quarter ended 30 June 2016, the abovementioned factors have had a detrimental effect on the results of the group, with the impact more severe than originally anticipated.



Feed costs have continued to escalate following the impact that the drought had on the local maize crop. This is expected to continue into 2017 until projections of a better maize crop for the new 2016/2017 planting season materialise.



During this period there were also record levels of poultry imports which added to the existing surplus of poultry stock in the country. This, together with a consumer market that is under pressure, resulted in downward pressure on selling prices in order to sell the ongoing production of chicken.



The abovementioned trading conditions have resulted in a number of mid to large sized independent poultry producers having severe financial distress and are either currently in the process of closing down their businesses, or are going into business rescue.



Group strategy

The group has implemented an import programme for maize to mitigate the risk of physical shortages of the commodity as well as to counter the continuous cost increases of local maize with the cost of this maize at import parity.



The group is also forced to introduce further and more severe cut-backs in the poultry production chain going forward, in order to have stock at manageable levels and to address the oversupply situation. The impact of the planned production cutbacks will unfortunately negatively impact on the labour force due to the reduction in hours to be worked.



If no relief is forthcoming from the key contributors to the current devastating circumstances being experienced by the poultry industry, more permanent downsizing of production will have to be considered in order to adapt to the current market circumstances.



No guidance of the impact of the above on the results for the year can be given at this point in time.



15-Jun-2016
(Official Notice)
Mr. I S (Stefan) Fourie has resigned as non-executive director of Astral Foods, chairman of the Audit and Risk Management Committee and member of the Human Resources, Remuneration and Nominations Committee with effect from 14 June 2016.



Mr. D J (Diederik) Fouch? has been appointed as chairman of the Audit and Risk Management Committee and as member of the Human Resources, Remuneration and Nominations Committee with effect from 14 June 2016.



A suitably qualified director with the required skills set will be recruited in due course to fill the position of independent non-executive director in the place of Mr. Fourie.

16-May-2016
(C)
Revenue for the interim period increased to R5.823 billion (2015: R5.755 billion), profit before interest and tax decreased to R428.8 million (2015: R550.2 million), profit attributable to equity holders of the holding company lowered to R300.5 million (2015: R386.4 million), while headline earnings per share came in at 774 cents per share (2015: 1 001 cents per share).



Dividend

The Board has approved an interim dividend of 390 cents per ordinary share (gross) in respect of the six months ended 31 March 2016.



Prospects

? It is expected that the demand for poultry will continue to be constrained due to limited consumer discretionary spend and weaker seasonal poultry consumption patterns.

? High maize and feed prices will continue until at least rainfall patterns normalise, with some mid-size industry producers already showing signs of financial distress.

? Rand weakness will continue to negatively impact input costs on imports of poultry genetics, maize and soya.

? The high level of poultry imports and the potential AA impact of US poultry will see local broiler production cutbacks due to an imbalance in supply and demand.

? A weakening of the El Ni?o weather event could favour better planting conditions for maize in the coming season as normal rainfall is predicted.

? World raw material stocks are exceptionally healthy.
01-Apr-2016
(Official Notice)
Mr Andrew Barry Crocker (Andy) has been appointed as an executive director of Astral with effect from 1 April 2016.
14-Mar-2016
(Official Notice)
Shareholders are advised that based on the year to date results to the end of February 2016 and expected results for the month of March 2016, a reasonable degree of certainty exists that Astral?s headline earnings per share for the six months ending 31 March 2016 will reflect a decrease of between 20% (200 cents per share) and 30% (300 cents per share) compared to the previous comparable period. This implies that headline earnings per share is expected to be between 801 cents per share and 701 cents per share. The headline earnings per share for March 2015 was 1 001 cents per share.



Earnings per share for the six months ending 31 March 2016 will also reflect a decrease of between 20% (200 cents per share) and 30% (300 cents per share) compared to the previous comparable period. This implies that earnings per share is expected to be between 799 and 699 cents per share. The earnings per share for March 2015 was 999 cents per share. The results for the six months ending March 2016 are negatively impacted by:

- Increased feed costs following the impact of the drought on the maize harvest and hence record high SAFEX maize prices;

- The reduced 2016 maize harvest forced imports of maize which aggravated costs as a result of the weakening of the South African Rand exchange rate against the United States Dollar;

- Consumer discretionary income being under pressure and thereby negatively impacted demand for poultry products; and

- Continuous high import of poultry products which together with local poultry production contributed to high poultry stock levels resulting in extensive promotional activity on poultry products in the market.



It is expected that the results for the six months ending 31 March 2016 will be published on SENS on 16 May 2016.
11-Feb-2016
(Official Notice)
The annual general meeting of Astral Foods was held today, Thursday, 11 February 2016. All the ordinary and special resolutions as set out in the notice of annual general meeting to shareholders dated 11 November 2015, were approved by the requisite majority of shareholders.



The total number of ordinary shares in issue at the date of the meeting: 42 772 885 shares.



11-Feb-2016
(Official Notice)
Mr. Malcolm Macdonald has retired as non-executive director of Astral Foods and resigned as member of the Audit and Risk Management Committee with effect from 11 February 2016 after serving on the board for more than twelve years. As stated in our SENS announcement dated 12 November 2015, Mr. Diederik Fouch? was appointed as independent non-executive director and as member of the Audit and Risk Management and he replaces Mr. Macdonald on the board of Astral Foods.



Dr Obed Lukhele has resigned as executive director of Astral Foods on 11 February 2016 and has indicated that he would prefer to concentrate on his professional duties as chief veterinarian of the Astral Foods group.
18-Jan-2016
(Official Notice)
Shareholders are referred to the cautionary announcement dated 3 December 2015 in which Astral advised shareholders that it had not made any offer to, or entered into any negotiations with, any poultry producers or any of their shareholders to acquire securities in such poultry producers, and this remains the current position.



Astral as a focused fully integrated poultry producer will however continue to explore numerous strategic alternatives. Caution is no longer required to be exercised when dealing in Astral's shares.
15-Dec-2015
(Official Notice)
Further to the publication of the detailed audited financial results for the year ended 30 September 2015 on SENS on Monday 16 November 2015, Astral advises that its 2015 Integrated Report, which incorporates the audited annual financial statements for the period, is available on its website: www.astralfoods.com or can be obtained from Astral?s registered office from today, 15 December 2015, and contains no modifications from the aforementioned SENS announcement and therefore no abridged report will be published.



The notice of annual general meeting, containing the annual financial statements has been distributed to shareholders today, 15 December 2015 and accordingly notice is hereby given that the annual general meeting of Astral will be held at Astral?s corporate office, 92 Koranna Avenue, Doringkloof, Centurion on Thursday 11 February 2016 at 08:00 to transact the business as set out in the notice of annual general meeting.



The date on which shareholders must be recorded in the share register for purposes of being entitled to attend and vote at the annual general meeting is Friday 5 February 2016.

03-Dec-2015
(Official Notice)
Astral Foods is aware of speculation regarding a potential offer by it to acquire securities in Sovereign Food Investments Limited ("Sovereign Foods"). Shareholders are advised that Astral Foods continues to explore numerous strategic alternatives which could include Sovereign Foods.



Shareholders are advised that Astral Foods has not made any offer to, or entered into any negotiations with, any poultry producers or any of their shareholders to acquire securities in such poultry producers. Astral Foods has not made any approach to the board of Sovereign Foods or any other poultry producer with a view to an offer being made and there is no certainty that a transaction may or may not occur.



Shareholders are advised to exercise caution in dealing with Astral Foods? securities.
16-Nov-2015
(C)
Revenue for the year grew 17% to R11.3 billion (R9.6 billion). Profit before interest and tax shot up by 123% to R1.1 billion (R0.5 billion). Profit attributable to equity holders multiplied by 131% to R778.1 million (R337.5 million). Furthermore, headline earnings per share more than doubled to 2 016 cents per share (864 cents per share).



Dividend

The board has approved a final dividend of 575 cents per ordinary share (gross) in respect of the year ended 30 September 2015.



Prospects

The slowing level of growth in the economy, higher unemployment levels and higher inflation rates, will continue to hamper an increase in the per capita consumption of poultry.



The strong El Ni?o effect and its impact on planting conditions will negatively impact crop yields leading to higher feed prices in the new reporting period.



There is a strong likelihood that brining regulations will be introduced in the foreseeable future, which could result in lower volumes for the industry, and higher selling prices for the consumer. These regulations if promulgated at the proposed levels by the Department of Agriculture, Forestry and Fisheries (DAFF), as well as the technical format of the regulations, will likely be challenged by the industry.



The annual quota for 65 000 tons of US poultry, free of anti-dumping duties negotiated around the renewal of the African Growth and Opportunity Act (AA) is likely to negatively impact local producers as high levels of poultry imports continue unabated.



Further consolidation in the industry could follow as a result of the above as the resilience of the poultry industry will be tested to the limit. Astral's best cost integrated strategy has strengthened over the past year on the back of selective investments which have contributed to higher poultry volumes, improved efficiencies and feeding costs into the future.
12-Nov-2015
(Official Notice)
In compliance with rule 3.59 of the Listing Requirements the following is advised:



Mr. D J (Diederik) Fouche has been appointed as an independent non-executive director of Astral Foods with effect from 12 November 2015. He will also serve as a member of the Audit and Risk Management Committee.



Prior to his retirement from PricewaterhouseCoopers, he led their Southern Africa consumer industrial products and services industry practice for 17 years. He has engaged with clients, global experts and industry on various surveys, trends and strategic issues. He has provided clients with merger and acquisition transaction structuring and support and also assisted clients with the issue of bonds listed in foreign markets as part of the PwC Global Capital Markets team.



Mr. Fouche has been involved in the audits of major listed and multinational clients and the control of audits as the corporate engagement partner of companies with multi locations and foreign operations.



Dr. T Eloff has resigned as member of the Audit and Risk Management Committee, and as chairman and member of the Social and Ethics Committee and Mrs. T P Maumela has been appointed as chairman of the Social and Ethics Committee with effect from 12 November 2015.
02-Nov-2015
(Official Notice)
Further to the general trading update issued on 1 October 2015, shareholders are now advised that a reasonable degree of certainty exists that Astral Foods' headline earnings per share for the year ended 30 September 2015 will reflect an increase of between 125% (1 080 cents per share) and 135% (1 166 cents per share) compared to the previous comparable period. This implies that headline earnings per share is expected to be between 1 944 and 2 030 cents per share. The headline earnings per share for September 2014 was 864 cents per share.



Earnings per share for the year ended 30 September 2015 will reflect an increase of between 120% (1 061 cents per share) and 130% (1 149 cents per share) compared to the previous comparable period. This implies that earnings per share is expected to be between 1 945 and 2 033 cents per share. The earnings per share for September 2014 was 884 cents per share.



The financial information on which this trading statement is based has not been reviewed and reported on by Astral Foods? auditors. It is expected that the results for the year ended 30 September 2015 will be published on SENS on 16 November 2015.
01-Oct-2015
(Official Notice)
Shareholders are advised that based on the year to date results to the end of August 2015 and preliminary results for the month of September 2015, a reasonable degree of certainty exists that the increase in headline earnings per share for the twelve months ending 30 September 2015 will increase by at least 120% or 1037 cents per share compared to the previous year and that earnings per share will increase by at least 115% or 1017 cents per share compared to the previous year.



This implies that both the headline earnings per share and earnings per share for the twelve months ending 30 September 2015 is expected to be at least 1901 cents per share (2014: Headline earnings per share 864 cents per share and earnings per share 884 cents per share).



The trading conditions experienced during the first half of the financial year that resulted in the improvement in the reported profits for the six months ended 31 March 2015, continued into the third quarter of the financial year. This formed the basis for the improvement in the results for the twelve months ending 30 September 2015, although trading conditions were impacted during the last quarter of the financial year by the following:

*Depressed consumer demand;

*Excessive imports of bone-in chicken portions from the European Union; and

*The on-set of increases in maize prices as a result of adverse weather conditions in the maize producing areas.



A further announcement will be released once a more definite range of the increase in earnings can be given.



It is expected that the full year results to 30 September 2015 will be published on 16 November 2015.



The information on which the trading statement is based has not been reviewed or reported on by Astral?s auditors.
01-Oct-2015
(Official Notice)
Shareholders are advised that based on the year to date results to the end of August 2015 and preliminary results for the month of September 2015, a reasonable degree of certainty exists that the increase in headline earnings per share for the twelve months ending 30 September 2015 will increase by at least 120% or 1037 cents per share compared to the previous year and that earnings per share will increase by at least 115% or 1017 cents per share compared to the previous year.



This implies that both the headline earnings per share and earnings per share for the twelve months ending 30 September 2015 is expected to be at least 1901 cents per share (2014: Headline earnings per share 864 cents per share and earnings per share 884 cents per share).



The trading conditions experienced during the first half of the financial year that resulted in the improvement in the reported profits for the six months ended 31 May 2015, continued into the third quarter of the financial year. This formed the basis for the improvement in the results for the twelve months ending 30 September 2015, although trading conditions were impacted during the last quarter of the financial year by the following:

*Depressed consumer demand;

*Excessive imports of bone-in chicken portions from the European Union; and

*The on-set of increases in maize prices as a result of adverse weather conditions in the maize producing areas.



A further announcement will be released once a more definite range of the increase in earnings can be given.



It is expected that the full year results to 30 September 2015 will be published on 16 November 2015.



The information on which the trading statement is based has not been reviewed or reported on by Astral Foods? auditors.
17-Jun-2015
(Official Notice)
Shareholders are advised that a site visit for investors has taken place at Astral County Fair Poultry Processing Operation in the Western Cape, on Thursday, 11 June 2015.



Copies of the presentation made to the investors will be available on the Astral Foods website http://www.astralfoods.com during Friday, 12 June 2015.
19-May-2015
(Media Comment)
Business Report highlighted that Astral Foods posted strong results for the six months to March. The company reported a 158.4 percent increase in operating profit to R550 million compared with the same period last year. Chief executive Chris Schutte said the first half of the financial year would probably be better than the second half as feed costs had increased because of declining maize crops.
18-May-2015
(C)
Revenue for the interim period grew by 22% to R5.8 billion (R4.7 billion). Operating profit shot up 158% to R550.2 million (R213.0 million). Profit attributable to equity holders more than doubled to R386.4 million (R143.2 million). In addition, headline earnings per share rose 159% to 1001cps (386cps).



Dividend

The Board has approved an interim dividend of 575 cents per ordinary share (gross) in respect of the six months ended 31 March 2015.



Prospect

The slowing level of growth in the economy and higher unemployment levels will continue to hamper an increase in the per capita consumption of poultry. If a quota on US poultry imports is agreed to on the back of the AA renewal this is likely to negatively impact local producers due to additional volumes of poultry products in the local market.



The South African maize crop currently being harvested is estimated to be the lowest maize crop since 2007, which will negatively impact livestock production costs due to higher feed prices in the second half of the current reporting period and to the onset of the new maize crop in 2016.



The increasing maize prices will be partly offset by more favourable soya prices as these two raw materials contribute the majority of the ingredients in a typical poultry feed ration. Global stock levels of both maize and soya remain healthy and could support the option of grain imports into Astral's coastal feed mills.



Astral's best cost integrated strategy again proved to be robust and has further strengthened on the back of selective investments contributing to higher poultry volumes, improved efficiencies and feeding costs into the future.
04-May-2015
(Official Notice)
Further to the general trading statement released on SENS on 17 March 2015, shareholders are advised that a reasonable degree of certainty exists that Astral's headline earnings per share for the six months ended 31 March 2015 will reflect an increase of between 155% (598 cents per share) and 160% (618 cents per share) compared to the 386 cents per share of the previous comparable period. This implies that the headline earnings per share for the six months to 31 March 2015 is expected to be between 984 and 1 004 cents per share.



The earnings per share for the six months ended 31 March 2015 will reflect an increase of between 163% (613 cents per share)and 168% (632 cents per share) compared to the 376 cents per share of the previous comparable period. This implies that the earnings per share for the 6 months to 31 March 2015 is expected to be between 989 and 1 008 cents per share.



It is expected that the results for the six months to 31 March 2015 will be published on SENS on 18 May 2015.
17-Mar-2015
(Official Notice)
Further to the general trading updates dated 16 February 2015 and 17 February 2015, shareholders are advised that based on the most recent trading conditions experienced up to the end of February 2015, which represents trading for five months, a reasonable degree of certainty now exists that the headline earnings per share for the six months ending 31 March 2015 will increase with at least 150% or 579 cents per share compared to the same period in the previous year. This implies that the headline earnings per share for the six months to 31 March 2015 is expected to be at least 965 cents per share (2014: 386 cents per share).



The continued improvement in profits into February 2015 can be ascribed to the post-festive season market for poultry products being stronger for a longer period than was originally estimated. This together with the following factors previously reported, resulted in the improvement for the first half of 2015:

* Healthy global maize and soya crops which resulted in the softening of grain prices and subsequently benefited feed prices and livestock production costs.

* Expansion in feed volumes that now includes production of feed from the recently commissioned state-of-the-art Standerton feed mill, previously supplied by Afgri.

* Increase in poultry sales volumes, in particular the expansion in the Western Cape which now includes broilers previously processed by Tydstroom, now contracted from Quantum Foods.

* Good poultry production efficiencies together with cutbacks in the comparative period not being repeated have resulted in increased poultry sales volumes.



A further announcement will be released once a more definite range of the increase in earnings can be given. It is expected that the interim results for the six months to 31 March 2015 will be published on 18 May 2015.
17-Feb-2015
(Official Notice)
Astral referred shareholders to the General Trading Statement released on SENS on Monday 16 February 2015, where shareholders were advised that based on trading conditions experienced up to the end of January 2015, a reasonable degree of certainty exists that an increase in headline earnings per share for the six months ending 31 March 2015 will be at least 120% or 465 cents per share better than compared to the same period in the previous year (2014: 386 cents).



This implies that the earnings per share is expected to increase by 120% or 465 cents per share to at least 851 cents per share. A further announcement will be released once a more definite range of the increase in earnings can be given. It is expected that the interim results for the six months to 31 March 2015 will be published on 18 May 2015.
16-Feb-2015
(Official Notice)
Shareholders are advised that based on trading conditions experienced up to the end of January 2015, a reasonable degree of certainty exists that an increase in headline earnings per share for the six months ending 31 March 2015 will be at least 120% or 465 cents per share, compared to the same period in the previous year (2014: 386 cents).



As anticipated and reflected in the prospects contained in the results announcement on 17 November 2014, the improvement in results for the first half of 2015 can be attributed to the following factors:

* Healthy global maize and soya crops which resulted in the softening of grain prices and subsequently benefited feed prices and livestock production costs.

* Expansion in feed volumes that now includes production of feed from the recently commissioned state-of-the-art Standerton feed mill, previously supplied by Afgri.

* Increase in poultry sales volumes, in particular the expansion in the Western Cape which now includes broilers previously processed by Tydstroom, now contracted from Quantum Foods.

* Good poultry production efficiencies together with cutbacks in the comparative period not being repeated, have resulted in increased poultry sales volumes.



It is notable that Astral did not benefit from lower levels of imports, especially bone-in portions from European Union countries, as the temporary anti-dumping measures introduced by the ITAC did not have the desired impact. A further announcement will be released once a more definite range of the increase in earnings can be given. It is expected that the interim results for the six months to 31 March 2015 will be published on 18 May 2015.
12-Feb-2015
(Official Notice)
The annual general meeting of Astral Foods was held today, Thursday, 12 February 2015. All the ordinary and special resolutions as set out in the notice of annual general meeting to shareholders dated 12 November 2014, were approved by the requisite majority of shareholders. The total number of ordinary shares in issue at the date of the meeting: 42 758 985 shares.
12-Feb-2015
(Official Notice)
Mr. Izak Stephanus Fourie, an independent non-executive director of Astral Foods, has been appointed as the chairman of the Audit and Risk Management Committee of Astral Foods with effect from 12 February 2015. He replaces Mr. Malcolm Macdonald who will remain a member of the committee.



Mr. Fourie was previously the Chief Operations Officer of PricewaterhouseCoopers (?PwC?) Southern Africa until his retirement in 2005 and has been a member of the board of Astral Foods since July 2010.

17-Dec-2014
(Official Notice)
Further to the publication of the detailed audited financial results for the year ended 30 September 2014 on SENS on Monday 17 November 2014, Astral advises that its 2014 Integrated Report, which incorporates the audited annual financial statements for the period, is available on its website: www.astralfoods.com or can be obtained from Astral?s registered office from today, 17 December 2014, and contains no modifications from the aforementioned SENS announcement and therefore no abridged report will be published.



Notice of annual general meeting

The notice of annual general meeting, containing the annual financial statements has been distributed to shareholders today, 17 December 2014 and accordingly notice is hereby given that the annual general meeting of Astral will be held at Astral?s corporate office, 92 Koranna Avenue, Doringkloof, Centurion on Thursday 12 February 2015 at 08:00 to transact the business as set out in the notice of annual general meeting.



The date on which shareholders must be recorded in the share register for purposes of being entitled to attend and vote at the annual general meeting is Friday 6 February 2015.
17-Nov-2014
(C)
Revenue for the year went up 13% to R9.6 billion (R8.5 billion). Operating profit jumped up 88% to R492.9 million (R261.9 million). Profit attributable to equity holders grew 63% to R337.5 million (R207.5 million). In addition, headline earnings per share almost doubled to 864 cents per share (434 cents per share).



Dividend

The board has approved a final dividend of 240 cents per ordinary share (gross) in respect of the year ended 30 September 2014.



Prospects

The slowing level of growth in the economy and higher unemployment levels will continue to depress consumer spending, and there is strong evidence that the average household will have to make ends meet off a reduced discretionary budget.



Through the South African Poultry Association an anti-dumping application was submitted to International Trade and Administration Commission of South Africa (ITAC) against three EU member countries. ITAC implemented provisional anti-dumping duties against poultry imports from the UK, the Netherlands and Germany until the 2nd January 2015. It is of paramount importance that these measures are sanctioned on a more permanent basis by the Minister of Trade and Industry in order to stem the tide of dumped poultry products into South Africa.



The recent South African harvest produced a record maize crop, and together with healthy global maize and soya crops the softening of grain prices will at least benefit feed prices and livestock production costs in the first half of the new reporting period.



Astral has engaged in an expansion drive over the past year, with sizeable investments in various value enhancing projects. The "bedding down" of these investments and achieving the projected returns will be a key focus area in the new financial year.
11-Nov-2014
(Official Notice)
In compliance with rule 3.59 of the Listing Requirements the following is advised:



Mrs. Tshepo Monica Shabangu, an independent non-executive director of Astral Foods, has been appointed as a member of the Audit and Risk Management Committee of Astral Foods with effect from 11 November 2014.



Mrs. Shabangu is a legal professional with significant experience in managing the commercial and intellectual property portfolios of blue-chip companies and she also has extensive experience in corporate governance. Mrs. Shabangu is the past president of the South African Institute of Intellectual Property Law and a member of the Company Law Committee of the Law Society of South Africa. She was recently appointed by the Law Society of South Africa as a representative of South Africa at the International Bar Association. She is currently employed as a partner in the law firm Spoor - Fisher.
27-Oct-2014
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral's headline earnings per share for the year ended 30 September 2014 will reflect an increase of between 90% (825 cents per share) and 100% (868 cents per share) compared to the previous comparable period. The headline earnings per share for September 2013 was 434 cents per share.



Earnings per share for the year ended 30 September 2014 will reflect an increase of between 55% (845 cents per share) and 65% (899 cents per share) compared to the previous comparable period. The earnings per share for September 2013 was 545 cents per share.



It is expected that the results for the year ended 30 September 2014 will be published on SENS on 17 November 2014.
14-Aug-2014
(Official Notice)
Mrs Takalani Patricia Maumela, an independent non-executive director of Astral, has been appointed as a member of the Social and Ethics Committee of Astral with effect from 13 August 2014.
21-Jul-2014
(Official Notice)
A site visit to the newly constructed Meadow Feeds feed mill in Standerton, Mpumalanga took place on Friday 18 July 2014. A copy of the presentation given by Mr. Gary Arnold, Director: Business Development of Astral, is available on Astral's website at www.astralfoods.com.
10-Jul-2014
(Official Notice)
The dealings announcement released on SENS at 16:27 is being deleted as it a duplication of the announcement released earlier today at 15:37.
22-May-2014
(Official Notice)
Further to the announcement on 27 March 2014 of the retirement of Mr. J J (Jurie) Geldenhuys as chairman of the board of Astral Foods, the board has appointed Dr. Theuns Eloff as the new chairman with effect from 1 June 2014.
19-May-2014
(C)
Revenue for the interim period grew by 11% to R4.7 billion (R4.2 billion). Operating profit shot up 260% to R213.0 million (R59.2 million). Profit attributable to equity holders almost doubled to R143.2 million (R73.1 million). In addition, headline earnings per share rose 308% to 386cps (94cps).



Dividend

The board has approved an interim dividend of 200 cents per ordinary share (gross) in respect of the six months ended 31 March 2014.



Prospects

The slowing level of growth in the economy and higher unemployment levels will continue to depress consumer spending. This, coupled with other factors like industrial action in the mining sector, will continue to impact profit margins in the industry.



There will be a good maize crop in South Africa with an expected softening in grain prices in the coming six months off the highs of the past reporting period. This will benefit feed prices and broiler production costs.



If the South African Poultry Association application to the International Trade Administration Commission for anti-dumping duties against the EU is successful, this will go some way to improving the imbalance in the supply and demand for chicken.
05-May-2014
(Official Notice)
Further to the general trading statement released on SENS on 3 March 2014, shareholders are advised that a reasonable degree of certainty exists that Astral Foods' headline earnings per share for the six months ended 31 March 2014 will reflect an increase of between 300% and 310% compared to the previous comparable period. Earnings per share for the six months ended 31 March 2014 will reflect an increase of between 30% and 40% compared to the earnings per share as reported for the six months ended 31 March 2013. It is expected that the results for the six months to 31 March 2014 will be published on SENS on 19 May 2014.
03-Apr-2014
(Official Notice)
Astral Foods has entered into a long term supply agreement with Quantum Foods Proprietary Limited (Quantum), subject to certain suspensive conditions that are required to be fulfilled by 15 May 2014. Quantum, a company within the Pioneer Food Group, will supply Astral Foods? County Fair abattoir in the Western Cape with approximately 550 000 broilers per week.



The tough market conditions over the past two to three years have resulted in a tremendous margin squeeze on poultry producers, which has led to numerous poultry business closures and subsequent industry consolidation. Under these conditions, exploratory talks between Astral Foods and Quantum commenced and an opportunity to preserve primary poultry production, processing and distribution in the Western Cape region was identified. The agreement will see Quantum maintaining their breeding operations as well as the rearing of broilers, with Astral Foods purchasing the broilers from Quantum for further processing, distributing and marketing. Astral Foods will have to increase capacity at its County Fair operation to accommodate the additional broilers and, to this end, will invest approximately R80 million in expanding its facilities and will thereby be creating a significant number of new jobs at County Fair.



The agreement will be fully implemented following the suspensive conditions being met, and the completion of the expansion of the facilities at County Fair which is expected to take approximately five months. Astral Foods' total broiler processing capacity will increase to approximately 5 million birds per week and it is expected that the project will deliver good value to all stakeholders.
01-Apr-2014
(Official Notice)
Shareholders are referred to the cautionary announcement dated 10 March 2014, and are advised that as negotiations regarding a possible acquisition have been terminated, caution is no longer required to be exercised by shareholders when dealing in their securities.

28-Mar-2014
(Official Notice)
Astral has successfully acquired certain poultry assets previously owned by Darling Fresh Chicken (Pty) Ltd. (in liquidation), in the Western Cape.



In a similar move Astral recently acquired certain poultry assets that belonged to Argyle Poultry Farms in KwaZulu-Natal following a liquidation sale. Strategically those assets acquired in KwaZulu-Natal and the abattoir assets purchased out of Darling Fresh Chicken position Astral well to expand their footprint in the KwaZulu-Natal market in the fresh and value- added poultry segments.



However, not only will the recent abattoir equipment purchase benefit Astral's Mountain Valley operation in KwaZulu-Natal, but a large part of the equipment will be put to use expanding capacity at Astral's County Fair operation in the Western Cape.
27-Mar-2014
(Official Notice)
Mr J J (Jurie) Geldenhuys has tendered his notice to retire as chairman and a member of the board of Astral effective 31 May 2014.
10-Mar-2014
(Official Notice)
Shareholders are advised that Astral Foods has entered into discussions, which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
03-Mar-2014
(Official Notice)
Further to the general trading statement released on SENS on 4 February 2014, shareholders are advised that, based on the trading results for the first five months of the 2014 financial year, a reasonable degree of certainty exists that the expected headline earnings per share for the six months to 31 March 2014 will be at least 215% higher when compared to the six months ended 31 March 2013.



As reported in the previous trading statement, the improvement is attributed to the negative trading conditions experienced in particular during January 2013 not being repeated to the same extent in the current period. This improvement in trading conditions, compared to the previous year's comparable period, continued into February 2014.



The increase must be seen in the context of the relative low reported profits for 2013 which is the base for calculating the current year's percentage increase. This low base is also the reason why an increase within a specific range cannot be given with a reasonable degree of certainty at this point in time. An announcement will be released once a more definitive range can be given. It is expected that the interim results for the six months to 31 March 2014 will be published on 19 May 2014.
13-Feb-2014
(Official Notice)
The annual general meeting of Astral was held today, Thursday, 13 February 2014. All the ordinary and special resolutions as set out in the notice of annual general meeting to shareholders dated 6 November 2013, were approved by the requisite majority of shareholders. The non-binding advisory vote received 75% support from shareholders.
04-Feb-2014
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that headline earnings per share will be at least 20% higher when compared to the six months ended 31 March 2013 .



The negative trading conditions experienced in particular during January 2013, was not repeated to the same extent in the current period.



The improvement in results in the first quarter of 2014 will be impacted on by higher second quarter maize input costs.



A further announcement will be released once a more definitive range can be given. It is expected that the interim results for the six months to 31 March 2014 will be published on 19 May 2014.
13-Dec-2013
(Official Notice)
Astral posted its audited financial statements for the financial year ended 30 September 2013 to shareholders on 13 December 2013. No abridged report will be published as no changes were made to the results as published on SENS on 11 November 2013. The full results are available on Astral's website, www.astralfoods.com.



Notice was also given that the thirteenth Annual General Meeting of Astral Foods will be held on Thursday 13 February 2014 at 08:00 in the Boardroom, 92 Koranna Avenue, Doringkloof, Centurion, to transact the business as stated in the notice of annual general meeting circulated together with the audited financial statements.



Salient dates

The record date for purposes of determining which shareholders are entitled to receive the notice of annual general meeting was Friday 6 December 2013. The record date for shareholders of Astral to be recorded in the register of shareholders of the company in order to be able to attend, participate and vote at the annual general meeting is Friday 7 February 2014. Accordingly, the last date to trade in order to be registered in Astral Foods? register of shareholders is Friday 31 January 2014.
11-Nov-2013
(Official Notice)
Further to the audited results announcement released, Astral wishes to advise the market that the wage negotiations with all employees and labour unions have been successfully concluded at an average increase of 5.9%. Some agreements are for a two to three year period.
11-Nov-2013
(C)
Revenue for the year ended 30 September 2013 increased by 4% to R8.5 billion (2012: R8.2 billion). Operating profit dropped by 43% to R271.6 million (2012: R477.1 million), profit for the year lowered by 26% to R247.3 million (2012: R332.5 million), while profit attributable to equity holders of the parent company fell by 26% to R244 million (2012: R329.3 million). Furthermore, headline earnings per share slumped by 44% to 443cps (2012: 787cps).



Dividend

The board has approved a final dividend of 222cps in respect of the year ended 30 September 2013.



Prospects

The recently approved increase in the General Rate of Duty on poultry imports will go some way in levelling the playing field on a cost basis. An anti-dumping application against the EU, if successful, will improve the imbalance in supply and demand, which could provide the industry a better opportunity to recover escalating input costs. Projected lower feed costs in 1H2014 over the comparative period, together with the commissioning of the new Standerton feed mill during the latter half of F2014, will benefit downstream poultry production costs. Although the tough trading environment is not expected to ease in the new financial period, there are a number of positives impacting Astral's results.
23-Oct-2013
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral Foods' earnings per share for the year ending 30 September 2013 will reflect a decrease in the range of 20% to 30%, and headline earnings per share a decrease of 40% to 50% as against the prior year.



It is expected that the results for the year to 30 September 2013 will be published on 11 November 2013.
01-Jul-2013
(Official Notice)
The board of directors of Astral has announced the appointment of Ms. Takalani Patricia Maumela) and Ms. Tshepo Monica Shabangu as non-executive directors, effective 1 July 2013.
13-May-2013
(C)
Revenue increased by 5% to R4.2 billion (R4 billion). Profit before interest and tax declined 56% to R143.3 million (R323.5 million). Net attributable profit was down 47% to R106 million (R199.2 million). In addition, headline earnings per share was 82% lower at 94cps (522cps).



Outlook

Contrary to prior expectations, the outlook for good maize crops in South Africa and the United States is less optimistic as a result of unfavourable weather conditions, which could lead to prolonged high feed input costs, albeit with some softening in grain prices in the coming six months off the highs of the past reporting period.



The slowing level of growth in the economy and higher unemployment levels will continue to depress consumer spending. This, coupled with high levels of poultry imports, will continue to hamper the industry's ability to recover the high input costs.



An application was made by the South African Poultry Association to the International Trade Administration Commission (ITAC) for the implementation of higher general tariffs on poultry imports. This application was brought about by the large and rapid increase in the volume of extremely low-priced imported frozen poultry meat and, if successful, will go some way to improving the imbalance in the supply and demand of chicken.
30-Apr-2013
(Official Notice)
With reference to the trading statement published by Astral on 30 January 2013, the company confirmed that it has a reasonable degree of certainty that earnings per share and headline earnings per share for the six months ended 31 March 2013 will be down between 45% and 65% and 75% and 95% respectively, compared to the six months ended 31 March 2012.
07-Mar-2013
(Official Notice)
Shareholders of Astral were advised that Mr. J J Geldenhuys stepped down as chairman of the Human Resources, Remuneration and Nominations Committee but will remain a member of the committee and has been replaced by Dr. N Tsengwa as chairman with effect from 7 March 2013.
05-Mar-2013
(Official Notice)
This notice will be sent to all shareholders of Astral Foods as required by section 45 of the Act.



Shareholders should note that:

*the board of directors of Astral Foods ("the board") has adopted a resolution in terms of section 45 of the Act authorising Astral Foods to provide financial assistance to any one or more wholly owned subsidiaries of Astral Foods.

*the provision of financial assistance contemplated in paragraph 2.1 was approved by a special resolution of the shareholders of Astral Foods adopted on 14 February 2013.



In accordance with section 45 of the Act, the board is satisfied and acknowledges that (i) immediately after providing such financial assistance, Astral Foods will satisfy the solvency and liquidity test as referred to in section 45(3)(b)(i) of the Act, and that (ii) the terms under which such financial assistance is to be given are fair and reasonably to Astral Foods as referred to in section 45(3)(b)(ii) of the Act.
14-Feb-2013
(Official Notice)
The annual general meeting of Astral Foods was held today, Thursday, 14 February 2013. All the ordinary and special resolutions, with the exception of Special Resolution No. 4 (dealing with the granting and issuing of share options), as set out in the notice of annual general meeting to shareholders dated 7 November 2012, were approved by the requisite majority of shareholders. The special resolutions will be lodged for registration with the CIPC.
14-Feb-2013
(Official Notice)
The board of directors advises the resignation of Mrs TCC Mampane as non-executive director of Astral Foods with effect from 14 February 2013.
30-Jan-2013
(Official Notice)
Astral recorded its worst trading performance in its history as a listed entity, over the first quarter of the 2013 financial year-end, which included the 2012 Festive Season. Astral's operating profit for the first quarter ended 31 December 2012, was 60% lower than the corresponding period.



The factors that negatively influenced Astral's Poultry Division over the first quarter of 2013, and set to continue over the second quarter of 2013, include the high input costs relating to maize and soya procured at historic record price levels and only now being reflected in the production cost of poultry. The Poultry Division's ability to recover the high input costs in a depressed consumer environment was severely hampered by record poultry imports from Brazil and Europe, and subsequent high local poultry stocks led to excessive margin pressure over the same period. Astral's Feed and other African Divisions continue to report good performances. Astral has a reasonable degree of certainty, considering the current market environment, that earnings per share and headline earnings per share for the six months ending 31 March 2013 will be down between 45% and 65% and 75% and 95% respectively, versus the six months ended 31 March 2012.



In light of the severe drop in forecast headline earnings the likelihood of payment of an interim dividend is uncertain. The Board of directors will give final consideration to the interim dividend at the Board meeting approving the financial results for the six months ending 31 March 2013.



Between November 2012 and January 2013, Astral experienced violent strike action by unionised labour in the Western Cape as well as in Gauteng. As a result of this action, Astral experienced one fatality, six farms were affected by vandalism and three poultry sheds were burnt down by the strikers, in the process killing approximately 65 000 chickens. The damage to the poultry assets and resultant impact on production could lead to jobs being cut. The direct costs of the strikes are estimated to be in excess of R35 million. Operations in both regions are back to normal.
14-Dec-2012
(Official Notice)
Astral has successfully concluded the sale of 25% of its interest in the premix business, Nutec Southern Africa (Pty) Ltd., to Cargill RSA (Pty) Ltd. for an amount of R61 million.



The decision to dispose of the interest was taken to allow Cargill's animal nutrition business to invest in the redevelopment of the Nutec facility, and simultaneously expand premix sales into African markets. As a result, Astral's remaining 25% interest will be in a larger speciality premix business.



Nutec Southern Africa (Pty) Ltd. manufactures and markets vitamin and mineral premixes for animal feed and distributes a wide range of feed additives, and commodity and speciality raw materials.
12-Dec-2012
(Official Notice)
Astral Foods posted its audited financial statements for the financial year ended 30 September 2012 to shareholders on 13 December 2012. No abridged report will be published as no changes were made to the results as published on SENS on 12 November 2012. The full results are available on Astral Foods' website, www.astralfoods.com.



Notice is hereby given that the twelfth Annual General Meeting of Astral Foods will be held on Thursday 14 February 2013 at 08:00 in the Boardroom, 92 Koranna Avenue, Doringkloof, Centurion, to transact the business as stated in the notice of annual general meeting circulated together with the audited financial statements.



Salient dates

The record date for purposes of determining which shareholders are entitled to receive the notice of annual general meeting was Friday 7 December 2012. The record date for shareholders of Astral Foods to be recorded in the register of shareholders of the company in order to be able to attend, participate and vote at the annual general meeting is Friday 8 February 2013. Accordingly, the last date to trade in order to be registered in Astral Foods? register of shareholders is Friday 1 February 2012.
12-Nov-2012
(C)
Revenue rose by 13% to R8.2 billion (R7.2 billion). Operating profit was down 29% to R477.1 million (R674.9 million). Net attributable profit was 23% lower at R329.3 million (R429.2 million). In addition, headline earnings per share fell 31% to 787cps (1 148cps).



Dividend

A final ordinary dividend of 336cps has been declared.



Outlook

The business environment for the first half of the next reporting period is not expected to improve from prevailing conditions. Maize and soya pricing as key cost drivers in feed and poultry will remain at higher levels with limited ability to recover the increased production costs in a depressed consumer market, exacerbated by high levels of poultry imports and an imbalance in supply and demand. Expected higher grain and oilseed plantings and normal precipitation levels locally, could contribute to a reduction in feed input costs during the second half of the next financial reporting period.
16-Oct-2012
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral's earnings per share for the year ending 30 September 2012 will reflect a decrease in the range of 20% to 25%, and headline earnings per share a decrease of 30% to 35% as against the prior year. It is expected that the results for the year to 30 September 2012 will be published on 12 November 2012.
08-Oct-2012
(Media Comment)
According to Business Day, Astral has expanded operations to Mozambique by opening its first broiler hatchery in the country. Chris Schutte, Astral CEO, confirmed that this was a strategic move in line with the company's African growth plan. He added that the company had already been in business in Mozambique for more than 10 years through its feed mill operations and having seen growth, it was logical to set up the hatchery in the country. MD of Astral's African operations, Roedolf Steenkamp, said the strategy for Africa was to enter a market with feed premixes and concentrates, followed by feed production, then identifying viable operations to enter the poultry industry.
25-Jun-2012
(Official Notice)
Astral hosted two visits to operations in the Western Cape on Thursday 21 and Friday 22 June 2012, attended by a number of food writers and journalists on Thursday 21 June 2012 and investors and analysts on Friday 22 June 2012. Mr Chris Schutte, Astral's CEO presented an overview of the company's operations and activities as well as some general industry information and trends. This presentation is available on Astral's website, www.astralfoods.com.
31-May-2012
(Official Notice)
Astral has successfully concluded the sale of its 50% interest in the bakery

business, East Balt South Africa, a bakery joint venture with East Balt of

Africa LLC, to Fedoha (Pty) Ltd. for an amount of R96 million. The

transaction takes effect on 30 May 2012.

The decision to dispose of the interest was made due to bakery activities

being non-core to the activities of Astral Foods. The net asset value of

Astral's interest in East Balt South Africa was reported as R60 million in

the 31 March 2012 interim results.

East Balt South Africa operates two industrial bakeries in Gauteng and the

Western Cape, producing primarily hamburger buns sold to fast food outlets in

South Africa.

14-May-2012
(C)
Revenue for the interim period ended 31 March 2012 rose by 16% to R4.9 billion (2012: R4.2 billion), operating profit decreased by 14% to R323.5 million (2012: R375.4 million), while profit for the period fell by 17% to R201.2 million (2012: R242.2 million), and profit attributable to equity holders of the parent lowered by 17% to R199.2 million (2012: R240.1 million). Furthermore, headline earnings per share weakened by 18% to 522cps (2012: 636cps).



Dividend

The board has approved and declared an interim dividend of 336cps in respect of the six months ended 31 March 2012.



Prospects

The business environment for the next reporting period is not expected to improve from prevailing conditions. Maize and soya pricing as key cost drivers in feed and poultry will remain at high levels with limited ability to recover the increased production costs from a depressed poultry market exacerbated by record levels of poultry imports.
04-May-2012
(Official Notice)
Shareholders were advised that a reasonable degree of certainty exists that Astral's earnings and headline earnings per share for the six months ended 31 March 2012 will both reflect a decrease of between 16% and 19% compared to the previous comparable period. The decrease in earnings is mainly due to increases in feed and other input costs not all recovered in selling prices. The decrease now includes a provision for a proposed settlement, still to be reached with the Competition Commission and subsequent ratification by the Competition Tribunal, on various matters currently under investigation. Further details pertaining to this provision should be available when Astral Foods reports on its results on Monday 14 May 2012. It is expected that the results for the six months to 31 March 2012 will be published on SENS on 14 May 2012.
01-Mar-2012
(Official Notice)
Astral announced the appointment of Gary Arnold as executive director responsible for business development of Astral Foods with effect from 1 March 2012.
09-Feb-2012
(Official Notice)
The annual general meeting of Astral Foods was held today, Thursday, 9 February 2012. All the ordinary and special resolutions as set out in the notice of annual general meeting to shareholders, dated 10 November 2011, were approved by the requisite majority of shareholders. The special resolutions will be lodged for registration with the CIPC.
14-Nov-2011
(C)
Revenue increased by 3% to R8.6 billion (R8.4 billion). Net attributable profit rose by 20% to R429.2 million (R357.6 million). In addition, headline earnings on a per share basis rose by 20% to 1148cps (960cps).



Dividend

Notice is hereby given that a final dividend of 505cps has been declared in respect of the year ended 30 September 2011.



Prospects

In view of the prevailing uncertainty that exists in the market, the following factors are relevant to our business:

*On the negative side, a significant increase in the feeding cost of poultry on the back of record high raw material input costs, together with current levels of poultry meat imports. It is also anticipated that there will be limited economic recovery with no significant change to employment levels.

*On the positive side however, we note manageable poultry stock levels and a possibility for success in the industry?s application for anti-dumping tariffs. It is envisaged that there will be upward potential from current poultry price levels.
24-Oct-2011
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral Foods' headline and earnings per share for the year ending 30 September 2011 will reflect a increase in the range of 15% to 20% as against the previous year. It is expected that the results for the year to 30 September 2011 will be published on 14 November 2011.
09-Sep-2011
(Official Notice)
Astral, one of South Africa's leading poultry producers, has been informed by the Competition Commission ("Commission") that it received an application for immunity in terms of its Corporate Leniency Policy ("CLP"). This application for immunity stems from the Commission`s Summons issued on 14 September 2009 and arose in the context of investigations initiated by the Commission into poultry feed, poultry breeding stock, broiler production and poultry products and which summons was addressed to SAPA, all past and present members of SAPA and other players in the poultry products industry.



The CLP applicant disclosed conduct alleging its involvement in anti- competitive conduct in the market for fresh chicken products prior to 2008 and implicated one of Astral`s business units. Astral has also been notified by the Commission of a complaint investigation pertaining to dairy feed. Astral has instructed its attorneys to respond as appropriate to the Commission`s queries in this regard.

16-May-2011
(C)
Revenue decreased slightly, by 2%, to R4.2 billion (R4.3 billion). Operating profit was up 23% to R375.4 million (R304.3 million) and net attributable profit rose by 30% to R240.1 million (R185.2 million). In addition, headline earnings per share grew by 31% to 636cps (486cps).



Dividend

A ordinary interim dividend of 305cps has been declared.



Outlook

The business environment for the next reporting period is not expected to be significantly different from the present. The global outlook remains that grains as a key cost driver for both feed and poultry production, will trade higher as soft commodity prices firm up due to tighter global soft commodities balance sheets. The continued strength of the local currency should be favourable for high levels of poultry imports. The balance of local production and imported product against a stressed trading environment will be critical for pricing and profitability improvement.
19-Apr-2011
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral Foods' earnings and headline earnings per share for the six months ended 31 March 2011 will reflect an increase in the range of 28% to 33% as against the comparable period. The improvement in earnings is mainly due to improved poultry production efficiencies combined with advantageous feed input costs. This financial information on which this trading statement is based has not been reviewed and reported on by Astral Foods' auditors. It is expected that the results for the six months to 31 March 2011 will be published on 16 May 2011.
13-Apr-2011
(Media Comment)
Business Day reported that the National Regulator for Compulsory Specifications sent a formal apology to Astral Foods for "any inconvenience, embarrassment or damage that its media statement of 4 April 2011 may have caused." In that media statement Astral's Country Fair brand was accused of repeated violations of the Legal Metrology Act.



In a new statement, the regulator said that Astral had withdrawn all the products and had complied with its recommendation, although it would still be pursuing legal action. Astral CEO Chris Schutte said there were too many government departments and watchdogs who don't sing from the same hymn sheet. Astral would not be taking further legal action against the regulator.



Mr Schutte added that Astral was in discussion with the regulator over measurement and weighing and that both parties had not yet agreed on the correct methodology of measuring products. This case emphasizes the need for the South African Bureau of Standards and the South African Poultry Association to have similar standards and methods.
05-Apr-2011
(Media Comment)
Business Day reported that Astral Foods division Country Fair has been charged by a government watchdog for selling less chicken than its packaging claims. This is the first time the National Regulator for Compulsory Specifications' ("NRCS") is taking legal action against a chicken producer for "short measuring". The regulator said it would be taking Country Fair in the Western Cape to court for repeated violation of the Legal Metrology Act. "After several visits and meetings with Astral, they have ignored our instructions," operations manager at the regulator Ivan Willis commented. The NRCS first visited Astral's Country Fair plant in July 2009, the next visit was in December 2010. Both times the regulator found Country Fair's various 2kg portions to be short measured. Theo Delport, Astral Foods poultry division MD commented: "We have agreed our interpretation of the law has been incorrect but we have rectified it." According to Mr Delport, Astral's attorneys were negotiating a fine with state prosecutors saying: "It has not been paid, but we agree to it in principle". Mr Delport also confirmed that the have stopped the process that was found to be noncompliant. He said the regulator had visited in February and had confirmed that the problem had been rectified by the company.
28-Jan-2011
(Official Notice)
Mr. Chris Schutte, CEO of Astral Foods, presented a market update on the poultry and feed industry, at a breakfast hosted by Investec Securities in Cape Town. The presentation will be available on Astral's website www.astralfoods.com.
15 Dec 2010 10:02:25
(Official Notice)
Astral posted its audited financial statements for the financial year ended 30 September 2010 to shareholders on 15 December 2010.No changes were made to the results as published on SENS on 15 November 2010. Notice was given that the tenth annual general meeting of Astral Foods will be held on Thursday 10 February 2011 at 08:00 in the Boardroom, 92 Koranna Avenue, Doringkloof, Centurion, to transact the business as stated in the notice of annual general meeting circulated together with the audited financial statements.
15 Nov 2010 07:55:25
(C)
Revenue dropped by 5% to R8.4 billion (R8.8 billion). Net attributable profit rose by 4% to R357.6 million (R344.6 million). In addition, headline earnings on a per share basis was 8% to 960cps (890cps).



Dividend

A final ordinary dividend of 470 cps has been declared.



Outlook

Management does not expect that the business environment for 2011 will be any different from the year under review. The global outlook for grains is a key cost driver for both feed and poultry production and shows signs of tighter supply and demand prospects which could lead to prices firming.



The extent at which higher feed prices translate to prospective earnings will be dependent on both the level of poultry imports supported by a strong local currency, and the domestic supply and demand balance. Local demand will be influenced and impacted upon by consumer buying patterns, unemployment levels and further job shedding. In the current uncertain economic environment it will be a priority to continue to focus on Astral's current efficiencies drive.
02 Aug 2010 08:41:41
(Official Notice)
Astral's corporate office will be relocating to new premises on 1 August 2010. Details are as follows:

*Physical address: 92 Koranna Avenue, Doringkloof, Centurion, 0157

*Postal address: Postnet Suite 278, Private Bag X1028, Doringkloof, 0140

*Telephone: 0861 ASTRAL (0861 278725)
01 Jul 2010 08:03:16
(Official Notice)
Mr Stefan Fourie has been appointed as an independent non-executive director of Astral with effect from 1 July 2010.
17 May 2010 08:26:10
(C)
Revenue for the interim period decreased to R4 283 million (2009: R4 462 million). Operating profit increased to R304 298 million (2009: R279 018 million). Profit attributable to equity holders of the parent company rose to R185 242 million (2009: R158 478 million). Furthermore, headline earnings per share was higher at 486cps (2009: 405cps).



Dividend

A dividend of 290 cents per ordinary share has been declared in respect of the six months ended 31 March 2010.



Prospects

Continued favourable grain and agricultural commodity prices are expected to benefit chicken production costs throughout the second half of the year. The extent to which this can translate to improved earnings will depend on the domestic poultry supply and demand balance, currently still negatively impacted by depressed consumer demand and relatively high import levels.
21 Apr 2010 09:22:59
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral Foods' earnings and headline earnings per share for the six months ended 31 March 2010 will reflect an increase in the range of 15% to 20% as against the comparable period. The improvement in earnings is mainly due to improved operating profit and reduced finance cost.
16 Mar 2010 07:20:18
(Media Comment)
Astral CE Chris Schutte said in Business Report that that the company did not expect an increase in sales during the World Cup. This was despite expectations 450 000 tourists would visit South Africa. Schutte based his prediction on figures for the international per capita consumption of poultry. However, Robbie Taylor, the financial director of competitor, Country Bird Holdings Ltd, believes there will be a benefit for his group as the fast food industry is one of its major customers.
11 Feb 2010 10:20:10
(Official Notice)
Shareholders are advised that all the ordinary resolutions, except the ordinary resolution dealing with the adoption of the Astral Foods Ltd forfeitable share plan, which was withdrawn, were duly passed by the requisite majority votes.



The special resolution granting a general authority to the directors to repurchase the company's shares was approved and will be lodged with the registrar of companies in due course.
22 Dec 2009 12:55:22
(Official Notice)
Astral Foods posted its audited financial statements for the financial year ended 30 September 2009 to shareholders on 22 December 2009. No changes were made to the results as published on SENS on 16 November 2009. Notice is hereby given that the annual general meeting of Astral Foods will be held on Thursday 11 February 2010 at 08:00 in the boardroom, Block 9, Boardwalk Office Park, 107 Haymeadow Crescent, Faerie Glen, Pretoria to transact the business as stated in the notice of annual general meeting circulated together with the audited financial statements.
16 Nov 2009 08:52:49
(C)
Revenue increased by 8% from R8 184 million to R8 833 million in 2009.Profit before tax increased to R530.7 million (2008:R498.3 million). Profit attributable to ordinary shareholders increased to R344.5 million (R327.2 million). Headline earnings on a per share basis increased to 890cps (840cps).



Dividend per share

A final dividend of 440 cps was declared for the period under review.



Prospects

Favourable trading conditions are expected for the first half of the 2010 financial year due to lower input costs as a result of a decline in agricultural commodities together with an expected balance in poultry supply and demand.
23 Sep 2009 12:04:55
(Official Notice)
Astral Foods wishes to advise receipt from the Competition Commission of three summonses, in terms of Section 49A of the Competition Act, No. 89 of 1998. The summonses arise in the context of investigations commenced by the Commission pertaining to poultry feed, poultry breeding stock and broiler production and poultry products and are respectively addressed to:

* The Animal Feed Manufacturers Association ("AFMA"), all past and present members of AFMA and other players in the production of poultry feed and other players involved in the poultry feed industry;

* The South African Poultry Association ("SAPA"), all past and present members of SAPA and other players in the poultry industry involved in breeding stock and broiler production; and

* SAPA, all past and present members of SAPA and other players in the poultry products industry and other players involved in the poultry products industry.

Astral Foods is not aware of any transgressions of the Competition Act within its group. It, nonetheless, intends to offer all reasonable co-operation to the Commission in regard to the investigations and the summonses.
13 May 2009 08:51:22
(C)
Revenue increased from R3 769 million to R4 462 million in 2009. Operating profit decreased to R279 018 million (2008:R407 582 million). Profit attributable to ordinary shareholders decreased to R158 478 million (R263 044 million). Headline earnings on a per share basis decreased to 417cps (688cps).



Dividends per share

An interim dividend of 260 cps was declared for the period under review.



Prospects

The significant decline in the price of agricultural commodities, specifically maize, during recent months will have a positive impact on margins during the second half of the year. Earnings for the full year are expected to exceed those for last year. The forecast financial information has not been reviewed and reported on by Astral foods' auditors.
04 May 2009 16:22:26
(Official Notice)
Earnings per share and headline earnings per share for the six months ending 31 March 2009 are expected to be respectively 35% to 40% lower and 38% to 43% lower than the corresponding period last year. Earnings for the full year however, are still expected to exceed those for the 2008 financial year, in line with the expectations expressed in the 2008 annual report. The results for the six months ended 31 March 2009 will be published on 13 May 2009.
16 Apr 2009 12:28:18
(Official Notice)
Astral announced the appointment of Christiaan Ernst Schutte (Chris Schutte) as chief executive officer, effective 1 May 2009, following the recent resignation of Nick Wentzel. The board also announced the appointment of Daniel Dirk Ferreira (Daan) as financial director of Astral Foods effective 1 May 2009. In addition, Dr Obed Mooki Lukhele (Dr Lukhele) is being appointed as Group Director: Veterinary Services with effect from 1 May 2009.
31 Mar 2009 17:23:01
(Official Notice)
Notification is hereby given that Nick Wentzel has, for personal reasons, resigned as CEO of Astral Foods. Nick will remain in office until the end of April 2009 after which he will pursue alternative business interests. The board of Astral Foods is following due process to appoint a successor and an announcement will be made in due course.
23 Mar 2009 10:06:28
(Official Notice)
Astral announced the appointment of Theo Delport as managing director of its poultry division and executive director of Astral with effect from 23 March 2009.
13 Feb 2009 09:42:03
(Official Notice)
Mr. C G van Veyeren retired as non-executive director of Astral Foods Limited with effect from 12 February 2009.
14 Jan 2009 15:34:37
(Official Notice)
Astral posted its audited financial statements for the financial year ended 30 September 2008 to shareholders on 15 December 2008. No changes were made to the results as published on SENS on 14 November 2008. Notice was given that the eighth annual general meeting of Astral will be held on Thursday, 12 February 2008 at 08:00 in the Boardroom, Block 9, Boardwalk Office Park, 107 Haymeadow Crescent, Faerie Glen, Pretoria to transact the business as stated in the notice of annual general meeting circulated together with the audited financial statements.
14 Nov 2008 08:03:48
(C)
Revenue increased by 29% from R6.3 billion to R8.2 billion driven largely by input costs, but operating profit was 32% lower at R547.8 million (R808.2 million). Net attributable profit for the year fell by 39% to R327.3 million from last year's R537.9 million. In addition, headline earnings declined by 39% to 840cps (1 381cps).



Dividend

An ordinary final dividend of 440cps has been declared.



Prospects

Due to the global economic crisis together with forecast normal summer weather season, prices of agricultural commodities have already eased. This, together with lower imports of poultry products, should result in improved earnings for 2009.
13 Nov 2008 13:40:26
(Official Notice)
Shareholders are referred to the further renewal of cautionary announcement dated 6 October 2008, and are advised that as negotiations have been terminated, caution is no longer required to be exercised by shareholders when dealing in their securities.
04 Nov 2008 09:18:21
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral's headline and attributable earnings per share for the twelve months ending 30 September 2008 will reflect a decrease in the range of 35% to 40% as against the previous year. Astral anticipates a net debt:equity ratio of between 10% and 15% at 30 September 2008. It is expected that the results for the twelve months to 30 September 2008 will be published on 14 November 2008.
03 Nov 2008 16:28:20
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral's headline and attributable earnings per share for the six months ending 30 September 2008 will reflect a decrease in the range of 35% to 40% as against the previous year. Astral anticipates a net debt: equity ratio of between 10% and 15% at 30 September 2008. It is expected that the results for the twelve months to 30 September 2008 will be published on 14 November 2008.
06 Oct 2008 09:48:56
(Official Notice)
Further to the renewal of existing cautionary dated 22 August 2008, shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
02 Oct 2008 14:19:26
(Official Notice)
Mr M A Kingston has tendered his resignation as director of Astral Foods Ltd with effect from 1 November 2008.
22 Aug 2008 11:25:51
(Official Notice)
Shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company?s securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities until a full announcement is made.
14 Jul 2008 16:11:33
(Official Notice)
Further to the cautionary announcement dated 9 June 2008 shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
03 Jul 2008 16:45:34
(Official Notice)
Astral Operations Ltd (Astral), a subsidiary of Astral Foods, has noted the press release issued by the Competition Commission on 3 July 2008. Astral is in receipt of the Commission's referral of complaint. Astral disagrees with the views of the Commission and, in particular, the Commission's view that Astral has, in any way, contravened the provisions of the Competition Act. It will raise, at the appropriate time, substantial factual and legal issues material to the matter which has not been dealt with by the Commission in its referral. Astral is in the process of preparing its answering papers, which will be filed with the Competition Tribunal (Tribunal) in due course. The matter will, after all procedural processes are completed, be adjudicated by the Competition Tribunal.
02 Jul 2008 12:20:42
(Official Notice)
Shareholders are advised that Astral has acquired a 50% interest in East Balt South Africa (East Balt SA) for an undisclosed amount, effective 1 July 2008. The consideration amount for the acquisition is less than 5% of the market capitalisation of Astral and therefore this announcement is for information purposes only and does not require shareholder approval. The East Balt SA acquisition has received approval by the Competition Commission Authorities.



East Balt SA bakes and sells hamburger buns, English muffins, Kaiser rolls and other sandwich carriers, primarily for selling to McDonald's and Kentucky Fried Chicken outlets in South Africa. East Balt SA, annually, manufactures over 15 million dozen units. The other 50% shareholder in East Balt SA is East Balt of Africa, LLC an Illinois limited liability company.



Shareholders are reminded that the cautionary announcement, released by Astral on 9 June 2008, is not related to this announcement and shareholders are advised that they should continue to exercise caution when dealing in the company's securities until a full announcement is made.
09 Jun 2008 12:50:15
(Official Notice)
Shareholders are advised that Astral Foods Limited has entered into negotiations, which, if successfully concluded, may have a material effect on the price of the company?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a full announcement is made.
20 May 2008 08:02:54
(C)
Revenue for the period increased by 29% to R3.8 billion (R2.9 billion) but as increased input costs could only be partially recovered, operating margins for the group dropped to 10.8%. Operating profit decreased by 11% to R408 million (R456 million). In line with this, net profit for the period attributable to ordinary shareholders of the company declined by 13% to R263 million (R302 million). Headline earnings per share fell 11% to 687cps (776cps).



Dividend

An ordinary interim dividend of 260cps has been declared.



Prospects

The weaker rand exchange rate has led to lower imports which supports poultry prices. South Africa is expecting a good maize harvest in 2008 and this should lead to more stable maize prices. Although the international price of poultry is expected to increase the slowdown in consumer spending and the higher costs will have a negative impact on earnings for the year.
12 May 2008 15:15:34
(Official Notice)
Shareholders are advised that during the months of February and March abnormal trading conditions occurred which had a financial impact on the interim results for the six months ended 31 March 2008. Electricity disruptions negatively affected farming performance, abattoir efficiencies and substantial overtime had to be worked to maintain production. Abnormal high wastage of fresh and frozen products was also experienced. Astral has since implemented measures to rectify this situation. Astral has reviewed the impact of the above and accordingly advises that headline earnings will be between 10 and 15% lower than the previous reporting period. Financial results on which this trading statement is based has not been reviewed by the company's auditors. It is expected that the interim results for the six months to 31 March 2008 will be published on SENS on Tuesday 20 May 2008.
15 Feb 2008 07:54:28
(Media Comment)
According to Business Report, Astral was expected to make an announcement on black economic empowerment (BEE) as soon as a broad-based code for the agricultural sector is formalised. In 2007, journalists were barred from attending the company's annual general meeting, but were allowed to attend the 2008 AGM held on Thursday, 14 February 2008. Others issues raised besides the lack of a BEE partner, were the generous hike in dividend payments; the lack of disclosure about generous remuneration packages; and corporate governance.
14 Feb 2008 15:26:50
(Official Notice)
Shareholders are advised that all the ordinary resolutions, except the ordinary resolution dealing with the re-appointment of Mr J L van den Berg as director and the ordinary resolution authorizing the directors to issue shares for cash, which were withdrawn, were duly passed by the requisite majority votes. The special resolution granting a general authority to the directors to repurchase the company's shares was approved and will be lodged with the Registrar of Companies in due course.
14 Feb 2008 15:24:03
(Official Notice)
At the annual general meeting of Astral Foods held, Mr J L van den Berg announced his retirement as director and chairman with immediate effect. Mr J J Geldenhuys will replace Mr van den Berg as chairman.
01 Jun 2006 15:46:59
(Official Notice)
Astral Foods has announced the repurchase of 1 508 407 Astral Foods ordinary shares (3.4% of the issued ordinary shares) on the open market of the JSE, in accordance with the general authority granted by Astral Foods shareholders at the annual general meeting held on 15 February 2006 to repurchase up to 20%. Together with previous repurchases, shares cumulatively repurchased to date amount to 5 458 746 (being 12.3%) of the issued ordinary shares. The repurchases of the 1 508 407 Astral Foods ordinary shares commenced on 28 November 2005 and continued on a day-to-day basis as market conditions allowed.



Details are as follows:

* Number of ordinary shares repurchased = 1 508 407

* Value of ordinary shares repurchased = 121 564 474

* Highest price paid per ordinary share = R92.39

*Lowest price paid per ordinary share = R69.04

* Average price paid per ordinary share = R80.59

* The number and percentage of ordinary shares which may still be repurchased by the company in terms of the general authority = 3 445 237 (7.7%)

*Ordinary shares in issue on 15 February 2006 = 44 519 913

*Ordinary shares in issue on date of this announcement = 44 627 513



Repurchases to date have been funded from available cash resources. A total of 501 652 ordinary shares have been repurchased by a wholly-owned subsidiary of Astral Foods, while 1 006 755 ordinary shares have been purchased by the company and application to cancel the JSE listing in respect of the 1 006 755 ordinary shares will be made.
16 May 2006 10:06:42
(C)
Headline earnings for the first half showed a 60% improvement to 692c per share from last year's 432c per share as a result of the excellent trading results and the effect of the share buy-back programme. Revenue increased by 4% to R2.4 billion (R2.3 billion) with the impact of lower maize prices and feed revenues offsetting the strong growth in poultry revenue. Operating profit increased by 54% to R414 million (R268 million), 71% of which was contributed by the poultry results. Operating margin increased from 11.5% to 17%. As a result of the strong cashflow net interest of R2.4 million was earned compared with net interest paid of R7.9 million last year. Net cashflow increased by R6 million despite capital expenditure of R98 million and increased share buy-backs of R79 million (R17 million). A dividend of 225c per ordinary share has been declared in respect of the six months ended 31 March 2006.



Prospects

Poultry profits are not expected to continue at the level of the past six months and as a result second half earnings are not expected to match the first half.
10 Mar 2006 15:14:04
(Official Notice)
A reasonable degree of certainty exists that Astral's headline and attributable earnings per share for the six months ending 31 March 2006 will reflect an increase in the range of 50% to 60% as against the comparable period. This increase is based on the adoption of IFRS. Compared to the published results for the six months ended 31 March 2005 prepared under South African GAAP the increase in headline and attributable earnings will be in the range of 60% to 70%. The difference in increase is as a result of the restatement of write-off periods for fixed assets. The improvement in earnings is mainly due to buoyant consumer spending particularly during the first quarter. It is expected that the results for the six months to 31 March 2006 will be published on 16 May 2006.

15 Feb 2006 18:33:46
(Official Notice)
Shareholders are advised that all the ordinary resolutions and the special resolution were duly passed by the requisite majority votes. The special resolution granting a general authority to the directors to repurchase the company's shares was adopted and will be lodged with the Registrar of Companies in due course.
24 Jan 2006 08:39:44
(Media Comment)
Jan van den Berg, chairman of Astral Foods, told Business Day that the company would be aggressively pursuing acquisition opportunities within the commodity food markets. In line with growing the company, local and international opportunities would be investigated as the group continued to generate a net cash surplus.
12 Dec 2005 13:54:51
(Official Notice)
Astral Foods posted its audited financial statements for the financial year ended 30 September 2005 to shareholders on 12 December 2005. No changes were made to the results as published on SENS on 18 November 2005. Notice is hereby given that the fifth Annual General Meeting of Astral Foods will be held on Wednesday 15 February 2006.
18 Nov 2005 08:56:26
(C)
Good operating performances from both poultry and animal nutrition resulted in headline earnings per share improving by 45% on last year from 631c to 918c. Revenue for the year increased by 14% to R4.6 billion (R4.1 billion) mainly as a result of the acquisition of the remaining 50% of Earlybird in September 2004. Operating profit for the period increased by 47% to R600 million (R389 million). The current year's figure includes R15 million profit on the sale of poultry properties due to urban encroachment. Poultry continues to be the main profit contributor with 64% whilst Animal Nutrition contributed 36%. Operating margin for the year at 12.4 % is well up from last year's 9.6%. Net finance cost of R11.3 million compares with the previous year's net income of R1.3 million. The effective tax rate of 29.1% is down on the prior year's rate of 32.3% following the reduction in the statutory rate of 1% as well as reversals of prior year's over provisions. The strong cash generation continued with a net cash inflow of R351 million (outflow of R177 million following the Earlybird acquisition for R262 million). Despite a more aggressive share buy-back the group ended the year with surplus cash of R61 million compared to borrowings of R158 million.. Dividends declared out of profits for the year increased by 65% from 230c to 380c per share as a result of reducing the dividend cover to 2.4 times compared with 2.7 times in 2004.



Prospects

Continued low maize prices, increased disposable income in the hands of consumers and a continued balanced supply and demand for poultry should positively influence the results for the year ahead.
09 Nov 2005 13:14:07
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral Foods' earnings per share will reflect an increase of 51% and headline earnings per share will reflect an increase of 45% for the year ending 30 September 2005 as against the previous year. It is expected that the results for the twelve months to 30 September 2005 will be published on 18 November 2005.
06 Oct 2005 15:27:50
(Official Notice)
E W Groeneweg has resigned as non-executive director of Astral with effect from 6 October 2005. As Mr Groeneweg is resident in the United Kingdom, he indicated that time constraints prevented him from being fully involved with the affairs of Astral.
30 Aug 2005 10:42:30
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Astral`s headline and attributable earnings per share for the year ending 30 September 2005 will reflect an increase in the range of 30% to 40% as against the comparable period. This financial information has not been reviewed and reported on by Astral auditors. It is expected that the results for the twelve months to 30 September 2005 will be published on 18 November 2005.
29 Aug 2005 16:02:34
(Official Notice)
Astral announces the repurchase of 1 797 091 Astral ordinary shares (4% of the issued ordinary shares) on the open market of the JSE , in accordance with the general authority granted by Astral shareholders at the annual general meeting to repurchase up to 10% (`the repurchase`). Together with previous repurchases, shares cumulatively repurchased to date amount to 3 950 339 (being 9.1%) of the issued ordinary shares. The repurchases of the 1 797 091 Astral ordinary shares commenced on 2 June 2005 and continued on a day-to-day basis as market conditions allowed. Repurchases to date have been funded from available cash resources. These ordinary shares have been repurchased by a wholly-owned subsidiary of Astral, thus none of the ordinary shares will be cancelled nor will the JSE listing in respect of those shares be terminated.
18 Aug 2005 13:02:14
(Official Notice)
Messrs C A du Toit and C E Schutte have been appointed executive directors of the board of Astral Foods with effect from 18 August 2005.
22 Jun 2005 16:21:36
(Official Notice)
Astral has appointed Maryna Eloff as company secretary, effective as from 22 June 2005.

10-Apr-2017
(X)
Astral Foods was established and listed in April 2001 on the JSE Ltd., after Tiger Brands unbundled its agricultural operations. Currently Astral Foods is ranked in the top 100 companies listed on the JSE Ltd. with some 3 500 shareholders and approximately 12 500 full-time and contract employees.



Our operations are strategically located within Southern Africa with poultry operations in South Africa, Mozambique, Swaziland and Zambia, and feed mills in South Africa, Mozambique and Zambia.


Send e-mail to for any enquiries or see Contact Details for phone numbers
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