Pioneer Foods struggles to pass on higher costs to consumers
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Pioneer Foods has reported a 15% plunge in interim adjusted headline earnings to R506m even as revenue rose 11.5% to R11bn as the group struggled to pass on higher costs to consumers.
Business Day TV caught up with Pioneer Foods CEO Tertius Carstens for a closer look at the numbers.
Business Day TV caught up with Pioneer Foods CEO Tertius Carstens for a closer look at the numbers.