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Astral H1 earnings soar on lower costs, higher sales

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Poultry producer, Astral released its interim results today, revenue is up 15%, headline earnings per share has soared by 455% while operating profit jumped 393% driven by low input costs, higher sales volumes and higher poultry selling prices.

The group has declared an interim dividend of R10 up from R1.80. Chris Schutte, CEO of Astral joined Business Day TV to discuss the detail behind the numbers and whether they are sustainable at these levels.
14 May 2018 12PM English South Africa Business · Business News

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