Libstar Holdings Ltd.JSE: LBR

LBR: Subdued H1 growth and margin pressure offset by cost controls; H2 outlook more positive

· Issued by Libstar Holdings Ltd.

Revenue growth was subdued at 0.9% due to operational disruptions and weak export demand, but excluding Dickon Hall Foods, growth reached 3.5%. Gross margins declined mainly from under-recovery of costs, while cost controls and capital projects progressed. H2 is expected to improve with completed integrations and targeted pricing actions.

Based on

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

Earlier from Libstar

All Libstar news releases