Wrap Text
Unaudited interim results for the six months ended 31 March 2020
Astral Foods Limited
Incorporated in the Republic of South Africa
Registration no 1978/003194/06
Share code ARL ISIN ZAE000029757
Unaudited interim results for the six months ended 31 March 2020
- Revenue increase 4%
- Operating profit increase 8%
- Earnings per share at R9.51
This short-form announcement is the responsibility of the directors and is only a summary of the information contained
in the full announcement and does not contain full or complete details.
Any investment decisions by investors and/or shareholders should be based on consideration of the full announcement,
which has been prepared under the supervision of the financial director, DD Ferreira CA(SA).
The full announcement is available at the following website links:
- on the group's website at the link https://www.astralfoods.com/assets/Documents/Investor%20Centre/2020/Interim-Results-2020-cs.pdf; and
- on the JSE website at the link https://senspdf.jse.co.za/documents/2020/jse/isse/ARL/ie2020.pdf.
A copy can also be requested from the registered office of the company by e-mailing such a request to contactus@astralfoods.com.
6 months 6 months 12 months
ended ended ended
31 March 31 March 30 Sep
2020 2019 2019
R'000 % change R'000 R'000
Revenue 7 068 602 4 6 775 389 13 485 475
Profit before interest and tax 545 818 8 503 060 882 279
Profit for the period 371 135 0 370 065 647 535
Total assets 7 431 091 24 6 014 096 6 239 119
Total equity 3 968 067 7 3 701 003 3 795 635
Total liabilities 3 463 024 50 2 313 093 2 443 484
Earnings per share R 9,51 0 R9,48 R16,59
Headline earnings per share R 9,51 0 R9,49 R16,74
Dividends per share - declared out of earnings for the period
- Interim dividend nil R4,75 R4,75
- Final dividend R4,25
- Total dividend R9,00
Dividend
The Astral Board agreed that no interim dividend would be declared under the present economic circumstances,
whilst also considering the extreme uncertainty of the near future created by the seemingly indefinite COVID-19 lockdown.
T Eloff CE Schutte
Chairman Chief Executive Officer
Pretoria
18 May 2020
Registered office:
92 Koranna Avenue
Doringkloof, Centurion
0157
South Africa
Postnet Suite 278, Private Bag X1028, Doringkloof, 0140,
Telephone: +27 (0) 12 667 5468
Website address
www.astralfoods.com
Directors
Dr T Eloff (Chairman), *CE Schutte (Chief Executive Officer),
*GD Arnold, *AB Crocker, *DD Ferreira (Chief Financial Officer),
DJ Fouche, S Mayet, WF Potgieter, TM Shabangu.
(*Executive director)
Company
Secretary L Marupen
Transfer secretaries
Computershare Investor Services (Pty) Ltd
PO Box 61051, Marshalltown, 2107
Telephone : +27 (0) 11 370 5000
Sponsor
Nedbank Corporate and Investing Banking, a division of Nedbank Limited
135 Rivonia Campus
Rivonia Road
Sandown
2196
Telephone +27 (0) 11 294 4444
www.astralfoods.com
Date: 18-05-2020 07:05:00
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