Zambeef reiterates FY guidance, EPS surges
4th Dec 2023 10:58
(Sharecast News) - Zambian beef producer Zambeef reiterated full-year guidance on Monday as it said basic earnings per share were expected to have surged 272% year-on-year in USD terms and 306% in Kwacha.
Read moreZambeef FY EPS seen sharply lower, PBT impacted by £6.9m impairment loss
30th Nov 2022 10:27
(Sharecast News) - Beef producer Zambeef said on Wednesday that earnings per share for the year ended 30 September were expected to be 83% lower year-on-year, while pre-tax profits were said to be hit by an impairment loss.
Read moreZambeef FY pre-tax profits tracking ahead of expectations, H1 EPS surge
3rd Jun 2021 10:10
(Sharecast News) - Africa-focussed cold chain foods and retail business Zambeef said on Thursday that full-year revenues were anticipated to be in line with current market expectations, while underlying earnings and adjusted pre-tax profits were now projected to exceed expectations.
Read moreZambeef FY earnings set to beat expectations
6th May 2021 09:40
(Sharecast News) - Beef producer Zambeef Products said on Thursday that full-year earnings looked set to beat expectations despite the "difficult operating environment" resulting from the Covid-19 pandemic.
Read moreZambeef EPS tumble on FX headwinds
26th Nov 2020 12:49
(Sharecast News) - Beef producer Zambeef said on Thursday that audited dollar-denominated revenues and underlying earnings were in line with current expectations.
Read moreZambeef FY results seen in line with expectations
28th Oct 2020 09:12
(Sharecast News) - Cold chain foods and retail business Zambeef Products expects full-year revenues and underlying earnings to be in line with current estimates despite significant pressures to the Zambian economy stemming from Covid-19.
Read moreZambeef trades in line, warns of FX headwinds
4th May 2020 08:53
(Sharecast News) - Cold foods retailer Zambeef forecast 2020 results in line with market expectations despite uncertainty caused by the Covid-19 pandemic, but warned cautioned that forex headwinds would hit adjusted pre-tax profits.
Read moreZambeef to sell Sinazongwe Farm for $10m
17th Sep 2019 14:46
(Sharecast News) - Zambeef Products has agreed to sell its Sinazongwe Farm in Zambia to Chenguang Biotech Agri-Dev Limited for $10mln in cash.
Read moreZambeef fills CFO vacancy with Faith Mukutu
5th Sep 2019 10:36
(Sharecast News) - Zambian food producer Zambeef appointed Faith Mukutu to its board as chief financial officer on Thursday, with immediate effect.
Read moreZambeef Products slips after cutting full-year profit guidance
29th Mar 2019 12:43
(Sharecast News) - Zambeef Products' shares slid on Friday after it lowered its guidance, stating that it expects full-year adjusted profit before tax to be 30% to 40% below market expectations and that it is likely to report an interim trading loss.
Read moreZambeef chief financial officer resigns
12th Feb 2019 08:13
(Sharecast News) - African food producer Zambeef revealed on Tuesday that chief financial officer Craig Harris had stepped down from the group with immediate effect.
Read moreDirectors dealing: Zambeef director get skin in the game after chicken deal
14th Sep 2016 16:22
(ShareCast News) - The purchase of some Zambeef shares by director Graham Clark helped lift the shares in the Zambian food producer back to near a two-year high. Non-executive director Clark, a 30-year veteran of the food and agriculture sector in sub-Saharan Africa who was appointed in March, bough
Read moreZambeef directors grab bigger stakes in beef producer
4th Jan 2016 16:35
(ShareCast News) - Ex-banker Adam Fleming has added further to his stake in Zambian beef producer Zambeef, where he is a non-executive director, splashing out £795,000 on shares. Fleming's Rhodora vehicle bought 10m shares in AIM-listed Zambeef at an average price of 7.95p apiece to take his stake u
Read moreZambeef non-exec director increases holding
29th Dec 2015 15:47
(ShareCast News) - Non-executive director Adam Fleming picked up shares in Zambeef Products through trust Rhodora Limited, of which he is a beneficiary. The trust purchased 6.2m shares in the Zambia-based agri-business at 7.975p each, bringing Fleming's beneficial holding in the group to 15.4m share
Read moreZambeef cuts net debt and reaffirms full year expectations
4th Nov 2015 13:52
(ShareCast News) - Zambeef reported significant progress in reducing its net debt and said it continues to expect growth in revenues and profits for the current financial year. The fully-integrated agribusiness with operations in Zambia, Nigeria and Ghana said net debt at the end of September was $7
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