https://www.engineeringnews.co.za

RCL issues improved earnings outlook

RCL issues improved earnings outlook

Photo by Duane Daws

18th August 2014

By: Creamer Media Reporter

  

Font size: - +

JSE-listed RCL Foods now expects to report a loss a share and a headline loss a share of between 45c and 50c for the 2014 financial year, compared with earnings a share of 4.5c and headline earnings a share of 4.8c in the previous financial year.

This was a slight improvement on the company’s previous expectations, as set out in a trading statement on August 5, of a loss a share and headline loss a share of between 50c and 60c for the 2014 financial year.

RCL attributed the revised figures to a change in the finalisation of the preliminary purchase price allocation in respect of its acquisition of New Foodcorp Holdings.

The company's results would be published on August 27.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.112 0.169s - 171pq - 2rq
Subscribe Now