PERFORMANCE HEADLINES • Groceries delivered another strong result • Chicken negatively impacted by an oversupplied retail poultry market and higher feed input costs • Declining local market demand for Sugar due to sugar tax drives adverse sales mix and a significantly lower result • R762 million impairment of assets in Sugar due to weak local
This March, the Supreme Siyabhaka Academy opened its doors to the first group of 12 aspiring young bakers. Designed to produce employable baking experts from raw talent in just 18 months, students are loving the journey so far! Our Purpose One of the main objectives of the Supreme Siyabhaka Academy is to nurture and develop
Each year, close to 1 trillion plastic bags are consumed worldwide, leading to waste harming the environment. At RCL FOODS, we believe that many positive small meaningful actions can make a big difference so we’re on a journey to become waste-free, ONE #DoMoreBag AT A TIME. Through The DO MORE FOUNDATION, a support function set
In some ways, Vector is like a busy airport – delivering nearly 60 million cases per year to more than 6 700 customer drop points, through a nationwide network that includes 4 plant-based cold stores and 14 distribution sites. Planning and managing all this activity is a complex task – but it’s all in a
This July, RCL FOODS launched its Progessive Web App, Yapper; a first in the industry to promote pet health! Yapper is a fun and interactive FREE app that encourages users to take the best care of their pet by motivating them with treats and rewards along the way! Based on the ‘gamification’ model, the app
We are excited to announce that we’re one of the first companies to participate in the Youth Employment Service (YES) Programme. This programme is a business-led collaboration with Government aimed at creating employment for South African youth. Given the reality of rising unemployment (26,6% of our population nationally), we believe that we can play a positive
In October 2018, for 1 300 young children at 20 Early Childhood Development (ECD) centres in Pongola, the future started to look a little brighter thanks to the DO MORE FOUNDATION. From the beginning of November each child received a nutritious daily serving of Monati Instant Porridge and Yum Yum peanut butter at school, helping
In an amazing show of support and humanity to celebrate Mandela Day (18 July), the non-profit DO MORE FOUNDATION, founded by RCL FOODS two years ago, is pulling out all stops (again) to show it cares. Think 1407 volunteers, a staggering 14 324 meals, 76 beneficiary organisations, 183 mini-projects, 57 teams and 44 RCL FOODS sites
RCL FOODS has opened a R123 million pet food plant in Randfontein, which is one of the largest facilities of its kind in Africa. The factory, which aims to grow the food producer’s South African share of the pet food retail segment from 40% to 60%, was fully commissioned in December 2017. The 1500m² state-of-the-art
The Selati Cup Final, a community-driven youth development tournament sponsored by us, is a fun way to keep our youth busy, out of trouble and gives them a platform to showcase their talent. This year there was exciting game that ended in a heartstopping penalty shootout which saw the heroics of the defending champions’ goalkeeper
At RCL FOODS we are on a mission to develop our people, because we know that our future starts with the talent we are growing today. In our Chicken Agric operation we launched our very own Agric Academy to help do that, focusing on the skills our operational poultry teams need to farm the best
At RCL FOODS our people are our biggest asset – and when they fly, we all fly. Our MORE YOU Programme, which consists of four short modules aims to empower our general workers to achieve more in their personal and work lives by being MORE CURIOUS and MORE BRAVE. This inspiring story of Joyce Grootboom
In 2012, when part of the land where our cane was growing near Malalane was under claim, we took this as an opportunity to implement some much-needed transformation in the local agricultural space. We did this by partnering with the beneficiaries and established a 50/50 joint venture company called Sivunosetfu (which rents the cane land
On Mandela Day this year, our non-profit DO MORE FOUNDATION, ramped up its contribution to take more meals, more passionate volunteers, and more caring than ever before, to communities in need. By MORE, we mean: 1407 volunteers, a staggering 14 324 meals, 76 beneficiary organisations, 183 mini-projects, 57 teams and 44 RCL FOODS sites! Madiba believed
We are proud to announce that Vector Logistics Division, a business unit of RCL FOODS has received two prestigious awards at the Professional Management Review (PMR) Award prize giving. These 2 awards were a Diamond award (Measured as Outstanding) and the Silver Award (Measured as Very Good). PMR.africa conducted its annual, national survey on 200
RCL FOODS prides itself on doing things differently and has long been a leading advocate of women empowerment. The Basadi Bereka (seTswana for Women at Work) programme, launched in April, is doing just that – helping women in the RCL FOODS chicken processing operation reach their ultimate and full potential. Over the past few months,
Meet Stirling Piu, a BComm Graduate who successfully completed the RCL FOODS Management Trainee Programme in 2013 and is now fulfilling his passion as a Project Manager in the Business Intelligence team. Stirling’s Background Born and raised in Durban, Stirling grew up working behind the shop counter of his parents’ business, which he says taught him the value of
You can have the best product and the best strategy, but it’s the skill, passion and knowledge of your team that really make you fly. In the Chicken Agriculture space, one of the ways we’re giving our team wings is through our very own RCL FOODS Consumer Agric Technical School. For the group of managers
PERFORMANCE HEADLINES • Groceries deliver consistent growth • Suppressed market pricing in Chicken • Adverse sales mix in Sugar • Millbake turnaround progressing well • Cost pressures erode Animal Feed and Logistics margins • Strong cash generation and low gearing Durban 4 March 2019 – RCL FOODS today reported that headline earnings for the six
At RCL FOODS, we take ‘seeing and doings things differently’ very seriously – and that’s exactly the approach we’ve taken with developing our people’s skills for the future of the working world. RCL FOODS Linkedin Learning platform We all know that retail, marketing and production have been positively disrupted by digital – and so have
PERFORMANCE HIGHLIGHTS • 52,7% increase in headline earnings • Exceptional performance from most grocery brands • Strong Chicken recovery • Sugar impacted by dumped imports • Growth strategy gains momentum Durban, 28 August 2018: RCL FOODS today reported a 52.7% increase in headline earnings for the year ended June 2018 despite a challenging trading environment.
SALIENT FEATURES Strong earnings growth Chicken recovery ahead of expectation following restructure, adverse impact on Logistics and Animal Feed in line with expectation Sugar margins compromised by significant imports despite strong operational performance and volume recovery post drought Grocery brands continue to perform well in a market showing muted growth Interim dividend declared of 15,0