LBR: Portfolio simplification, strong trading, and lower net debt drive improved outlook

About this update from Libstar Holdings Ltd.

Fresh mushroom operations were sold, with a pre-tax loss of ZAR 45–55 million expected, partly offset by tax benefits and future property sales. Revenue and margin growth outpaced the market, with strong performances in both ambient and perishable categories. Net debt is expected to fall below 1.3x by year-end.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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