Rhodes Food Group (RFG) is benefiting from consumers downtrading. In the regional business, lower margin long life products are replacing high margin fresh products in the baskets of consumers. Rhodes has spent c.R1bn to expand its operations and improve innovation, mostly in its long life products business. The international business broke even in FY '19 after posting an operating loss in the prior year. The Group's international business began recovering from drought conditions late in FY ...
A director at Rhodes Food Group Holdings Ltd bought 919,062 shares at 16.500ZAR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the las...
Rhodes Food Group (RFG) released a voluntary trading update for the five months to February 2018, guiding for H1 '18 diluted HEPS to decline by c.42% yoy to c.29.5cps. RFG's exposure to fruit pulp and concentrate exports has caused the disappointing group performance over the past six months. H2 '18 should see a rebound in export profits and group earnings (+37% yoy by our estimate). We expect the worst of the strong ZAR to be in the base, USD prices are rising, and input costs are falling. ...
Rhodes Food Group focuses on driving organic growth in its fresh products and long-life segments, growing brand shares, expanding its presence in sub-Saharan Africa while complementing organic growth with value acquisitions. Euromonitor International Local Company Profiles are a concise set of briefings detailing the strategic direction taken by a company. Discover key contact details, the company background and their competitive positioning through this collection of snapshot company profiles....
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
​ RFG reported H2 16A HEPS of ZAR 0.79/share (+56% y/y), beatingconsensus by 4.6% and ACe by 4.3%. This is despite a revenue miss of4.5% vs consensus and 6.5% vs ACe. FY 16A HEPS of ZAR 1.27/sharewas 2.8% above BBG consensus and 2.7% above ACe. EBIT margin was solid at 14.2% in H2 16A, 200bps above consensusand 270bps above ACe. EBIT margin expansion of 350bps y/y is apositive surprise. RFG plans to expand its presence in Sub-Saharan Africa. RFG’s isdoing well to integrate acquisiti...
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