Premier expects at least 20% full-year earnings rise
Fast-moving consumer goods manufacturer Premier Group has advised that its earnings per share (EPS) will increase by at least 20% for the financial year ending March 31.
The group expects its EPS to be between R11.23 and R12.17 for the 2026 financial year, compared with EPS of R9.36 in the 2025 financial year.
In turn, headline earnings per share (HEPS) will increase by between 20% and 30% to between R11.31 and R12.26, compared with HEPS of R9.43 in the prior year.
Premier expects to report revenue growth despite a decrease in global grain prices, which is expected to persist in the near term. The group says volume growth in the reporting year translated into a meaningful uplift in operational earnings.
The group’s earnings were also supported by continued efficiencies and consistent operational execution, the company says, adding that commissioning of the Aeroton megabakery will enhance operational efficiencies further, drive economies of scale and improve the quality of Premier’s bread in the inland region.
Premier will release its results for the financial year on or about June 17.
Meanwhile, Premier expects to complete the implementation of a scheme arrangement at the end of March, which will result in the acquisition of RFG Holdings.
RFG is an internationally recognised producer of convenience meals, including under brands such as Rhodes, Bull Brand, Pakco, Hinds, Magpie and Squish.
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