Astral Foods, South Africa’s largest poultry producer, expects its earnings per share to nearly double in its upcoming financial results.<\/p>\n\n\n\n
The company shared its expected earnings for the financial year in a trading update published on the Stock Exchange News Service (SENS) on 29 October 2026.<\/p>\n\n\n\n
The group said that it forecasts its earnings per share for the year ended 30 September to be between 4,324 cents and 4,552 cents, a 90% to 100% increase from the prior year.<\/p>\n\n\n\n
The company expects similar growth in its Headline Earnings Per Share (HEPS), which a 95%-105% increase.<\/p>\n\n\n\n
Its HEPS is forecast between 4,277 and 4,496 cents, significantly higher than 2,193 cents in its prior financial year.<\/p>\n\n\n\n
Astral noted several drivers behind the anticipated improvements, including favourable international commodity prices and increased production volumes.<\/p>\n\n\n\n
It said lower global prices for maize and soya resulted in lower feed costs for its poultry and noted an increase in internal feed sales.<\/p>\n\n\n\n
The increase in sales was attributed to higher broiler production volumes, which also led to higher external feed sales volumes.<\/p>\n\n\n\n
It said that improved efficiency in its poultry farming benefited production costs, along with lower feed prices.<\/p>\n\n\n\n
Improved sales realisations were also noted as a contributor to the company’s performance, alongside improved production.<\/p>\n\n\n\n
“Poultry sales realisations improved, supported by volume growth in higher-margin segments of the
sales mix,” Astral Foods said.<\/p>\n\n\n\n
The group owns and operates several notable subsidiaries, including County Fair, Festive, and Mountain Valley, which are all involved in the poultry processing and sales industry.<\/p>\n\n\n\n
The company has a market cap of roughly R8.8 billion, with a share price of 20,284 cents as of 28 October 2026, when markets closed.<\/p>\n\n\n\n
Since its trading update was published, the company’s share price has risen by roughly 1.3% to 20,548 cents as of 11 AM.<\/p>\n\n\n\n
The company is expecting to release its full financial results for the 2026 financial year on Monday, 23 November 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"
Astral Foods anticipates a significant rise in its earnings per share for the 2026 financial year.<\/p>\n","protected":false},"author":131,"featured_media":722200,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"posted","_sma_x_autopost_error":"","_sma_x_post_id":"2115757799594487963","_sma_facebook_post_id":"191437357620492_2253339885486410","_sma_instagram_post_id":"18139590442651136","_sma_x_attempts":1,"footnotes":""},"categories":[9872],"tags":[17751,26980,4777,26981,1364],"class_list":["post-881943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-astral-foods","tag-country-fair","tag-festive","tag-mountain-valley","tag-sens-2"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=881943"}],"version-history":[{"count":14,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881943\/revisions"}],"predecessor-version":[{"id":881983,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881943\/revisions\/881983"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/722200"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=881943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=881943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=881943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}