May 22, 2017 / 5:25 AM / 2 months ago

BRIEF-Pioneer Food says HY HEPS fell 47 pct to 253.4 cents/shr

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May 22 (Reuters) - Pioneer Food Group Ltd:

* JSE: PFG - Unaudited condensed consolidated interim financial statements for the six months ended 31 March 2017

* HEPS for six months to March 31 decreased by 47 percent to 253.4 cents per share

* Anticipate improvement in performance in H2 of financial year notwithstanding a "constrained trading environment in South Africa"

* Pioneer foods will continue to be vigilant for acquisitions as a growth vector to bolster core business

* Gross interim dividend for six months ended 31 March 2017 of 105 cents (2016: 105 cents) per share has been approved

* Revenue for six months to March 31 at 10.18 billion Rand, up 2 pct

* UK business was affected by higher irrecoverable input costs due to Brexit Source text for Eikon: Further company coverage:

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