RCL Foods reported HEPS down 32.8% to 105.1c, within its guided range between 101.6c and 109.4c. Revenue from continuing operations declined 4.1% to R24.5 bn, reflecting weaker Sugar and Pet Food performance. Sugar was hurt by imports, lower export prices and ineffective tariff protection, while Pet Food faced production disruptions and a 20.5% volume decline. The final dividend increased 25% to 25c, taking the total dividend to 40c.
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