| Imagery Source: Astral Foods Limited |
| Information Source: JSE SENS |
| VOLUNTARY TRADING STATEMENT |
| Astral shareholders are advised that the Group has a reasonable degree of certainty that, for the year ended 30 September 2025 (“FY2025”): |
| earnings per share (“EPS”) is expected to increase between 7% and 17% compared to the year ended 30 September 2024 (“FY2024” or “prior comparable year”). This will result in an EPS of between 2,096 and 2,291 cents per share (FY2024: 1,959 cents per share); and |
| Headline earnings per share (“HEPS”) are expected to increase between 5% and 15% against the prior comparable year. This will result in a HEPS of between between2,0166 cents and 2,208 cents per share (FY2024:1,9200 cents per share). |
| OPERATIONAL UPDATE |
| The improved earnings outlined above have been driven by a strong recovery in Astral’s second-half earnings for FY2025, underpinned by: |
- an increase in broiler slaughter numbers, together with higher poultry sales against the prior comparable year;
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- an improvement in per-unit production costs as a result of the higher production volumes;
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- improved poultry sales realisations following an extended period of price deflation;
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- an increase in internal feed sales on the back of higher broiler production numbers;
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- External feed sales volumes increased against the prior comparable year.
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- sound procurement of key raw material inputs in a volatile commodity market;
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- Further improvement in poultry farming performances resulting in lower feeding costs, benefited the broiler live cost; and
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- focus on Astral’s best cost strategy, notwithstanding the impact of volume-related increases in variable expenses.
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| Throughout the year, the Group remained focused on rebuilding its balance sheet, successfully restoring a targeted surplus cash position. |
| The financial information contained in this announcement has not been reviewed and reported on by the Group’s auditors. |
| It is expected that the results for the FY2025 will be published on SENS on or about Monday, 17 November 2025. |
| For the full document, click the link below |
| Astral Foods Limited |
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