Wrap Text
Group financial results for the year ended 28 June 2026 and declaration of ordinary and special dividends
Rainbow Chicken Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2024/200346/06)
ISIN: ZAE000334850
Share code: RBO
("Rainbow" or “the Company” or “the Group”)
GROUP FINANCIAL RESULTS FOR THE YEAR ENDED 28 JUNE 2026 AND DECLARATION OF ORDINARY AND SPECIAL
DIVIDENDS
- Revenue from operations is up 7.7% to R17,1 billion
- Earnings before interest, taxes, depreciation, amortisation and impairment (EBITDA) is up 101.8% to R2,136
billion
- Earnings per share (EPS) is 149.55 cents, up 133.5%
- Headline earnings per share (HEPS) is 150.87 cents, up 130.1%
FINANCIAL RESULTS
28 June 29 June
2026 2025
R’000 R’000 Movement
Revenue 17 054 561 15 838 044 7.7%
EBITDA 2 135 997 1 058 677 101.8%
EBITDA margin % 12.5 6.7 5.8 ppts
Earnings attributable to equity holders of the Company 1 341 368 571 163 134.8%
Earnings per share (cents) 149.55 64.04 133.5%
Headline earnings 1 353 187 584 830 131.4%
Headline earnings per share (cents) 150.87 65.57 130.1%
Final dividend per share (cents per share) 45.00 20.00 125.0%
Special dividend per share (cents per share) 75.00 0.00 100.0%
Total assets 10 105 766 8 537 906 18.4%
Total liabilities 4 412 129 3 901 395 13.1%
Rainbow delivered a strong financial performance for the year ended 28 June 2026, primarily attributable to
favourable market conditions, including higher demand for poultry products and lower commodity prices. This was
complemented by strong agricultural and operational performance, together with cost efficiencies.
The Chicken Division achieved exceptional performance in the current year, due to firm pricing, a more strategic
product mix and improved agricultural and operational performance. The Animal Feed Division continued to focus
on higher-margin volumes, delivering improved profitability despite lower selling prices associated with softer raw
material commodity prices. Within the Waste-to-Value Division, the Rustenburg plant demonstrated improved
performance, however it continues to be an area of strategic focus of management.
The Group maintained a strong financial position, with cash and cash equivalents increasing to R2,4 billion at year
end, supported by improved profitability, strategic capital allocation and low gearing levels.
DECLARATION OF ORDINARY DIVIDEND No. 3
Notice is hereby given that the Board of Directors has declared a final gross cash dividend of 45.00 cents per share
(2025: 20.00 cents per share) out of income reserves for the year ended 28 June 2026.
DECLARATION OF SPECIAL DIVIDEND
Notice is hereby given that the Board of Directors has declared a special gross cash dividend of 75.00 cents per share
out of income reserves for the year ended 28 June 2026.
The Board has resolved to declare the special dividend having regard to the Company’s strong cash position and low
level of gearing.
The special dividend brings the total distribution for the year to 135.00 cents per share.
Both dividends will be subject to dividend withholding tax at a rate of 20%, resulting in a net final dividend of 36.00
cents per share (2025: 16.00 cents per share) and a net special dividend of 60.00 cents per share, unless the
shareholder concerned is exempt. The special dividend is subject to South African Reserve Bank (“SARB”) approval.
Shareholders will be notified once SARB approval has been obtained, by or before the expected finalisation date
specified below.
The issued share capital at the declaration date is 898 731 497 ordinary shares. The Company’s tax reference number
is 9031711303.
The following salient dates apply to the payment of the final and special cash dividends:
Publication of declaration data Friday 28 August 2026
Finalisation date for the special dividend, (by 11h00) Tuesday 29 September 2026
Last day to trade in order to participate in the final and special dividends Tuesday 06 October 2026
Shares commence trading “ex” the final and special dividends Wednesday 07 October 2026
Record date Friday 09 October 2026
Dividends payment date Monday 12 October 2026
Share certificates may not be dematerialised or re-materialised between Wednesday, 07 October 2026 and Friday,
09 October 2026, both days inclusive.
Dividends will only be transferred electronically to the bank accounts of shareholders. Where shareholders have not
provided the Transfer Secretaries with their banking details, the dividend will not be forfeited but will be marked as
“unclaimed” in the share register until the relevant banking details are provided.
AVAILABILITY OF THE GROUP AUDITED CONSOLIDATED ANNUAL FINANCIAL STATEMENTS
Shareholders are advised that this results announcement, which is the responsibility of the Board of Directors of the
Company, is a summary extract of the information contained in the summary consolidated annual financial
statements and cash declaration of ordinary and special dividends for the year ended 28 June 2026 and does not
contain full or complete details. Any investment decisions by investors and/or shareholders should be based on
consideration of the summary consolidated annual financial statements as this results announcement does not
provide all the details.
With respect to the audited consolidated annual financial statements for the year ended 28 June 2026, the auditors,
Ernst and Young Inc., have issued an unqualified audit opinion in terms of the International Standards on Auditing.
The auditors unqualified audit opinion in terms of International Standards on Auditing, along with their key audit
matters and the audited consolidated annual financial statements are available upon request by contacting the
company secretary at investor@rainbowchicken.com.
The summary consolidated annual financial statements and cash declaration of ordinary and special dividends are
also available through the JSE cloudlink at:
https://senspdf.jse.co.za/documents/2026/JSE/ISSE/RBOE/28082026.pdf and on Rainbow’s website:
https://rainbowchickens.co.za/wp-content/uploads/2026/08/2026-Rainbow-Chickens-Limited-Group-Financial-
Results.pdf
This results announcement has been prepared in compliance with the JSE Limited Listings Requirements.
Centurion
28 August 2026
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 28/08/2026 05:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
