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Rhodes Food Group Holdings Ltd (RFGJ.J)

RFGJ.J on Johannesburg Stock Exchange

1,320.00ZAc
3 Aug 2020
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Latest Key Developments (Source: Significant Developments)

RFG Holdings Appoints Pieter Hanekom As Deputy CEO
Thursday, 9 Jul 2020 

July 9 (Reuters) - RFG Holdings Ltd ::RFG HOLDINGS LTD - PIETER HANEKOM HAS BEEN APPOINTED AS DEPUTY CHIEF EXECUTIVE OFFICER WITH EFFECT FROM 8 JULY.  Full Article

Rhodes Food Group Says HY Diluted HEPS Down 3.1%
Tuesday, 19 May 2020 

May 19 (Reuters) - Rhodes Food Group Holdings Ltd ::JSE: RFG - SUMMARISED CONSOLIDATED RESULTS FOR THE SIX MONTHS ENDED 29 MARCH 2020.RHODES FOOD GROUP HOLDINGS LTD - HY GROUP TURNOVER INCREASED BY 9.6% TO R2.9 BILLION..RHODES FOOD GROUP HOLDINGS LTD - HY DILUTED HEPS DOWN 3.1%.RHODES FOOD GROUP HOLDINGS LTD - CAPITAL EXPENDITURE FOR FINANCIAL YEAR IS EXPECTED TO BE R150 MILLION..RHODES FOOD GROUP HOLDINGS LTD - GROUP HAS COMMITTED TO INSTALLING A NEW FRUIT JUICE LINE IN ITS WELLINGTON FACTORY TO MEET INCREASED DEMAND.RHODES FOOD- INTERNATIONAL DIVISION WAS SEVERELY IMPACTED BY SLOWDOWN IN EXPORTS OF CANNED FRUIT TO CHINA FROM EARLY JANUARY.RHODES FOOD GROUP HOLDINGS LTD - GROUP EXPECTS A SLOW RECOVERY IN EXPORTS OF CANNED FRUIT INTO CHINA FROM AROUND JULY.RHODES FOOD GROUP HOLDINGS LTD - RFG'S SUPPLY CHAIN CONTINUES TO FUNCTION EFFICIENTLY.RHODES FOOD GROUP HOLDINGS LTD - GROUP EXPECTS A SLOW RECOVERY IN EXPORTS OF CANNED FRUIT INTO CHINA FROM AROUND JULY..RHODES FOOD GROUP HOLDINGS LTD - CONFIDENT THAT PRODUCT PREVIOUSLY DESTINED FOR CHINA IN FIRST HALF OF YEAR WILL BE PLACED IN OTHER MARKETS.  Full Article

Rhodes Food Group Says International Turnover Down 1.7% Due To Slowdown In Exports Of Canned Fruit To China
Monday, 23 Mar 2020 

March 23 (Reuters) - Rhodes Food Group Holdings Ltd ::JSE: RFG - TRADING UPDATE FOR THE FIVE MONTHS ENDED FEBRUARY 2020.RHODES FOOD GROUP HOLDINGS LTD - GROUP TURNOVER FOR FIVE MONTH PERIOD ENDED FEBRUARY 2020 INCREASED BY 7.6%.RHODES FOOD- INTERNATIONAL TURNOVER DECLINED BY 1.7% MAINLY DUE TO SLOWDOWN IN EXPORTS OF CANNED FRUIT TO CHINA SINCE JAN AFTER COVID-19 OUTBREAK.RHODES FOOD - LIMITED EXPORTS HAVE BEEN MADE TO CHINA SINCE JANUARY WHICH HAS RESULTED IN A DECLINE OF 11.3% IN INTERNATIONAL VOLUMES.RHODES FOOD - IMPACT OF REDUCTION IN EXPORT VOLUMES PARTIALLY OFFSET BY INFLATION OF 6.0% AND 3.6% DEPRECIATION OF RAND.RHODES FOOD GROUP HOLDINGS LTD - COVID-19 OUTBREAK HAS NOT IMPACTED ANY OF RFG'S MANUFACTURING FACILITIES.RHODES FOOD - SUFFICIENT RAW MATERIAL STOCK COVER FOR 9 TO 12 WEEKS ON IMPORTED MATERIALS SHOULD INTERNATIONAL SUPPLY CHAINS BE DISRUPTED.RHODES FOOD - EXPECTS A SLOW RECOVERY OF VOLUMES INTO CHINA FROM AROUND MID-YEAR.  Full Article

Rhodes Food Proposes Co's Name Be Changed From Rhodes Food Group Holdings Limited To RFG Holdings Ltd
Friday, 6 Dec 2019 

Dec 6 (Reuters) - Rhodes Food Group Holdings Ltd ::RHODES FOOD - PROPOSES CO'S NAME BE CHANGED FROM RHODES FOOD GROUP HOLDINGS LIMITED TO RFG HOLDINGS LIMITED.  Full Article

Rhodes Food Group FY Diluted HEPS 83.8 Cents
Tuesday, 19 Nov 2019 

Nov 19 (Reuters) - Rhodes Food Group Holdings Ltd ::SUMMARISED CONSOLIDATED RESULTS FOR THE YEAR ENDED 29 SEPTEMBER 2019 AND CASH DIVIDEND DECLARATION.FY DILUTED HEPS UP 37.8% TO 83.8 CENTS.FY DIVIDEND PER SHARE UP 37.4% TO 27.9 CENTS.EXPECTS TO MAINTAIN CURRENT GROWTH MOMENTUM INTO 2020 FINANCIAL YEAR.INTERNATIONAL SEGMENT IS EXPECTED TO CONTINUE TO IMPROVE ITS OPERATING MARGIN IN YEAR AHEAD.CAPITAL INVESTMENT OF R150 MILLION PLANNED FOR 2020, INCLUDING R24 MILLION FOR CAPITALISATION COST OF PINEAPPLE CROPS IN ESWATINI.FY GROUP TURNOVER INCREASED BY 8.5% TO R5.4 BILLION.VOLATILE RAND EXCHANGE RATE CONTINUES TO BE A RISK TO PERFORMANCE OF INTERNATIONAL SEGMENT.FOCUS IN REGIONAL SEGMENT WILL CONTINUE TO BE ON IMPROVING MARGINS, DRIVING ORGANIC GROWTH AND INCREASING BRAND SHARES.TURNOVER GROWTH IN YEAR AHEAD TO BE HELPED BY EXPECTED RISE IN EXPORT OF FRUIT SNACKS IN CUPS TO US, HIGHER CANNED FRUIT SALES.  Full Article

Rhodes Food Group Sees FY Diluted HEPS Between 82.1 Cents & 85.1 Cents
Monday, 4 Nov 2019 

Nov 4 (Reuters) - Rhodes Food Group Holdings Ltd ::TRADING UPDATE AND TRADING STATEMENT FOR THE YEAR ENDED SEPTEMBER 2019.GROUP TURNOVER FOR YEAR ENDED 29 SEPTEMBER 2019 INCREASED BY 8.2%..MANAGEMENT EXPECTS HEADLINE EARNINGS FOR YEAR TO BE BETWEEN 35% AND 40% HIGHER THAN R159.1 MILLION REPORTED FOR PREVIOUS YEAR.SEES FY DILUTED HEPS BETWEEN 82.1C - 85.1C.SEES FY HEPS BETWEEN 82.5C - 85.7C.SEES FY EPS BETWEEN 80.7C - 83.7C.  Full Article

Rhodes Food Group Says Old Mutual Ltd Holds 10.03% Of Total Issued Ordinary Share Capital Of Co
Tuesday, 18 Jun 2019 

June 18 (Reuters) - Rhodes Food Group Holdings Ltd ::TOTAL INTEREST IN ORDINARY SHARES OF CO HELD BY OLD MUTUAL LIMITED AMOUNTS TO 10.03% OF TOTAL ISSUED ORDINARY SHARE CAPITAL OF RFG.  Full Article

Rhodes Food Group Says Group Turnover For Five Month Increased By 8 Pct
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Rhodes Food Group Holdings Ltd ::TRADING UPDATE FOR THE FIVE MONTHS ENDED FEBRUARY 2019.GROUP TURNOVER FOR FIVE MONTH PERIOD ENDED 28 FEBRUARY 2019 INCREASED BY 8.0%.INTERNATIONAL SEGMENT PROFITABILITY AFFECTED BY IMPACT OF DROUGHT IN WESTERN CAPE FOR FIVE MONTHS ENDED FEBRUARY 2019.  Full Article

Rhodes Food Says PIC Owns 9.74 Pct Stake In Co
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Rhodes Food Group Holdings Ltd ::JSE: RFG - DISCLOSURE OF BENEFICIAL INTEREST IN RFG ORDINARY SHARES.RHODES FOOD - PUBLIC INVESTMENT CORPORATION DECREASED ITS HOLDING IN RFG.RHODES FOOD GROUP - TOTAL INTEREST IN SHARES OF CO HELD BY PUBLIC INVESTMENT CORPORATION AMOUNTS TO 9.744% (PREVIOUSLY 14.722%).  Full Article

Rhodes Food Group Says Associate Of Thabo Leeuw Purchased Securities On Nov 23
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Rhodes Food Group Holdings Ltd ::RHODES FOOD GROUP HOLDINGS LTD - ASSOCIATE OF THABO LEEUW PURCHASED SECURITIES ON 23 NOVEMBER 2018.RHODES FOOD GROUP HOLDINGS LTD - SHAREHOLDERS ARE ADVISED THAT NUMBER OF SECURITIES PURCHASED WAS DISCLOSED INCORRECTLY IN INITIAL ANNOUNCEMENT.  Full Article

BRIEF-Rhodes Food Group Says HY Diluted HEPS Down 3.1%

* JSE: RFG - SUMMARISED CONSOLIDATED RESULTS FOR THE SIX MONTHS ENDED 29 MARCH 2020