Astral Foods LimitedJSE: ARL

ARL: Profit swung nearly ZAR 2 billion year-over-year, with all debt cleared and margins improved

· Issued by Astral Foods Limited

A dramatic turnaround saw profit before tax swing nearly ZAR 2 billion year-over-year, with revenue up 6.4% and all debt cleared. Operational efficiencies, improved margins, and strong cash flow enabled a dividend, while spare capacity positions the group for future growth.

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