Food Business Africa Magazine’s Post

RCL FOODS moves closer to portfolio restructuring, separates poultry business https://lnkd.in/dvUFakyn #rclfoods #poultry #restructuring

Aboitiz Group unifies food and agribusiness operations under Aboitiz Foods https://lnkd.in/dXFg-Sif #millinginsights #grains #flour #storage #silo #investments #wheat #durum #oilseeds #edibleoils #commoditytrading #newproduct #acquisition #bakingindustrynews #financialstatements #snacknews

Vitarich Corporation (VITA), a leading poultry integrator and manufacturer of animal feeds and food products in the Philippines, reported first-half 2024 revenues of P6.126 billion, net income of P167.0 million, and earnings per share of P0.055. #bonds #stockmarket #stocks #realestate #finance #Business #Corporate #Corporation #Entrepreneur #Philippines #Financial #PersonalFinance #Invest #Investment #investingtips

Birdsboro Kosher Farms, a PA-based poultry and meat #manufacturer  partnered with Quartix to shore up #liquidity towards peak seasons. Twice a year, every year, Birdsboro experiences a steep increase in demand and needs to temporarily grow inventory a few months in advance to get ready for the busy season. They needed a corporate version of the popular #buynowpaylater consumer product - a product that would allow them to fund specific purchases from key vendors, and pay out down the road - once Birdsboro were able to collect from its big-box customers. Learn how they collaborated with Quartix to boost #cashflow  during peak season without long term commitments or fixed costs. https://lnkd.in/e9M8_jBX

Marfrig Global Foods has acquired more shares in BRF, taking its stake in its fellow Brazilian meat supplier to more than 50%. #food #foodindustry #foodindustryinsight #foodnews #foodbusiness #foodbusinessnews #foodbusinessowner #foodmanufacturing #foodanddrink #foodandbeverage #foodandbeverages #foodanddrinks #foodanddrinkindustry #foodprices #foodproducts #foodproduction #foodinflation  #meat #meatprocessing #meatindustry #meatlover #brazil #brazilian #chicken #chickenfarm #poultry #poultryfarming #poultryindustry #poultryproduction #poultryhealth #poultryprocessing 

🔔 Exciting #InvestmentOpportunity in the Brazilian #PoultryIndustry! 🐔 We are thrilled to announce a unique investment opportunity with Kaito Chicken Factory, a state-of-the-art poultry processing facility located in the strategic agricultural hub of Laranjal Paulista, São Paulo. Why Invest in Kaito Chicken Factory? 1. Strategic Location: Proximity to major logistics hubs, including the Port of Santos, ensures efficient distribution both domestically and internationally. 2. Growing Market Demand: Tap into the booming global demand for high-quality poultry products, particularly in Asia and Europe. 3. Strong Financial Projections: Anticipated annual revenues of up to R$306.924 million, with a high IRR of 28.21% and a quick payback period of just 17 months. 4. Experienced Leadership: Led by industry veterans with over 35 years of combined experience in poultry production and logistics. 5. Commitment to Quality and #Sustainability: Dedicated to producing premium, Halal-certified products while adhering to sustainable and ethical practices. 📄 Supporting Documents Available: Detailed financial models, Letters of Intent (LOIs) from potential buyers, and more are available upon request. 📧 Interested? Contact us to discuss this promising investment opportunity and obtain the necessary documents. Your engagement is key to leveraging the significant #growthpotential in the dynamic poultry market. For more information and to receive the NDA, please email us at m&a@surpplax.com.br. Join us in this exciting venture and be part of a project poised to make a significant impact in the global #poultryindustry! 🌍🐔 #InvestInBrazil #FoodIndustry #Agribusiness #HalalFood #SustainableInvesting #EmergingMarkets #BrazilBusiness #InvestorAlert #StrategicInvestment #MarketExpansion #HighROI #GlobalTrade

Staple foods producer Malayan Flour Mills Berhad reported an impressive 1Q24 financial results, turbocharged by flour milling business, in spite of poultry business beset by boycott for chicken-based QSR clientele. The Group more than tripled its PATMI to RM38 million, on a tad lower topline year-on, in line with lower ASP for flour products. Up to RM200 million CAPEX will be invested in poultry business to identify new market channels and to improve on upstream and downstream activities. The initiatives will cater to the country's underlying demand for poultry products. #Aquilas benchmark setting #InvestorRelations creates market value! #poultry #flour #mfm #QSR

Poultry and Beef: A Tale of Diverging Fortunes in the Meat Industry The meat industry is currently experiencing contrasting trends between poultry and beef sectors. Tyson Foods and JBS SA are expected to report significant increases in earnings, driven by a resurgence in poultry profits. This positive trend comes as both companies face challenges in their US beef operations. The decrease in grain prices has made chicken production more cost-effective, leading to increased consumer demand for chicken over beef. Consequently, inventories of chicken parts have decreased, marking a departure from previous years of high feed costs and surplus stock. Pilgrim’s Pride, a subsidiary of JBS, is forecasted to achieve over a threefold increase in its Q2 profits, reaching a two-year high. Similarly, Tyson Foods is projected to see a fourfold rise in its fiscal Q3 profit, primarily due to its chicken business. Pilgrim’s Pride's results will be released soon, followed by Tyson's on August 5. In contrast, the beef industry faces significant challenges. Rising cattle costs have created difficulties for companies like Tyson and JBS’s North America beef division, which is expected to experience a 78% decline in earnings. However, JBS continues to benefit from profitable beef operations in Brazil and Australia. The poultry sector's growth, supported by lower grain prices, has allowed producers to meet the increasing demand for affordable protein. BRF SA, a major Brazilian chicken producer, is expected to report record earnings, while Seara, another JBS subsidiary, is also projected to see a substantial profit increase. Overall, while the poultry industry is thriving, the beef sector is encountering difficulties. However, the overall outlook for major meat industry players remains positive, especially with the strategic shifts and market conditions at play. # Thank you Nikolai Ivanov for your submission!

Profit and Loss Summary for Silver Fern Farms and ANZCO Foods Silver Fern Farms experienced a significant financial setback for the fiscal year ending in December 2023, reporting a net loss of $189 million after tax. This drastic decline is attributed to several challenges including a reduction in sales volumes, increased operating costs, and the depreciation of livestock values. These factors collectively led to a decline in profitability, despite efforts to mitigate the impacts through cost management and operational efficiencies ANZCO Foods, on the other hand, reported a net profit of $44.4 million for the same period, marking a sharp decrease of nearly 60% compared to the previous year's profit of $151 million. The drop in profit was largely due to challenges such as rising operational costs, the impact of the Mycoplasma bovis outbreak, and fluctuations in key markets like China. Despite these difficulties, ANZCO Foods remains optimistic about the future, with strategic investments and market adjustments expected to stabilize and improve performance in the coming years Overall, both companies faced a tough year, but ANZCO Foods managed to maintain profitability, albeit at a reduced level, while Silver Fern Farms grappled with substantial losses. What changed Silver Fern farms dropped FIANZ they previously had Both NZIDT and FIANZ. Anzco still has both same for Fonterra and others never underestimate things and undervalue them it could cost you. I am not particularly fond of FIANZ I prefer to work with NZIDT that's who I did my Halal Course thru (assured quality the main company ) as FIANZ can be very harsh but that's what people want to know it's taken seriously they aren't afraid to take action but that can be overreaction as well