ZAMBEEF | FY2017 Results Presentation

By Published On: November 15th, 2017Categories: Corporate announcement

Below is an extract from the 2017 September Full Year Results Presentation.

Operational & Strategic Focus for 2018

Improving shareholder returns

  • Improving return on capital from our existing assets;
  • Focus capital expenditure on highest return divisions;
  • Disposal of non-core assets.

Optimisation of operating margins

  • Focus on volume/price mix and added value categories within CCFP;
  • Improving Retail margins in West Africa;
  • Cropping – optimising cost of production per M.T. to remain competitive in global environment;
  • Ongoing tight management of overheads.

Retail footprint

  • Continue rollout of Macro stores – 10 planned for 2018;
  • Support Shoprite expansion – 4 planned for calendar 2018;

CCFP Capacity

  • Increase in IQF gyro freezer to meet rising demand for added value portions;
  • Increase day-old chick capacity to 340,000 per week.

Ensuring organisational structure meets our future needs

  • Developing middle management depth and capability.

Related download

2017 September FY Results Presentation.pdf

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.

Zambeef Products Plc (ZAMB.zm)

Share price: 2.59 Kwacha (0.00 | 0.00% – 28/03/23)

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