|% From 52WK High||-52.29% ( 1,157 )|
|% From 52WK Low||87.76% ( 294 )|
|Business||Quantum Foods Holdings Ltd is a food product manufacturing company. It is engaged in feeds and poultry business providing animal protein to selected South African and African markets. The company's segments include Eggs; Farming; Animal...Read More|
|AGM Date||Friday, 21 February 2020|
|Market Cap||R 1,104,136,432|
|End of Day|
|End of Day|
|Offshore Earnings Component||Not available|
|10/09/2020||QUANTUM FOODS HOLDINGS LIMITED - Change to the board of directors|
|18/08/2020||QUANTUM FOODS HOLDINGS LIMITED - Change to the board of directors|
|13/08/2020||QUANTUM FOODS HOLDINGS LIMITED - Change to the Company's Remuneration Committee|
|07/08/2020||QUANTUM FOODS HOLDINGS LIMITED - Update regarding the demand to call a shareholders meeting|
|27/07/2020||QUANTUM FOODS HOLDINGS LIMITED - Demand to call a shareholders meeting|
|24/07/2020||QUANTUM FOODS HOLDINGS LIMITED - Disclosure of disposals and acquisition of beneficial interests in the Companys securities|
|15/07/2020||QUANTUM FOODS HOLDINGS LIMITED - Change in sponsor|
Animal feed is manufactured and sold under the Nova brand. External sales amounted to 262 409 tons for the year (2014: 243 513 tonnes), representing 47% of total feed volumes produced (2014: 44%). The balance is consumed internally by the integrated layer and broiler poultry operations.
Eggs are sold primarily under the Nulaid and Quantum brands, while layer livestock (day-old chicks and point-of-lay hens of the Lohmann breed) is sold under the Bergvlei Chicks brand. The egg business is the only national producer and supplied 50% of the approximately 862 million eggs sold to the retail sector during the year.
Day-old broiler chicks of the Cobb breed are sold under the Bellevue Chicks brand. An average of 579 000 live broilers were sold per week to third-party abattoirs in the Western Cape for the year ended 2015 (2014: Nil). The Group operated an abattoir in Gauteng which was sold to Crown Chickens (Pty) Ltd (trading as Sovereign Foods) in October 2015. A long term live broiler supply agreement was entered into with Sovereign Foods.
Other African countries
In Zambia, Quantum Foods operates a broiler and layer breeder business (selling of day-old chicks), a feed business and a table egg business. The table egg business sold 24.7 million eggs for the year ended 2015 (2014: 24.5 million). A capital project to increase production capacity by 37% is in process.
In Uganda, the business comprises of a broiler and layer breeder business (selling day-old chicks) and feed business. A capital project to build a table egg production facility was recently completed.