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Zambeef Product ( (GB:ZAM) ) has shared an announcement.
Zambeef Products PLC has announced that its full financial year 2025 revenue and gross profit are expected to fall below market expectations due to a weaker Zambian Kwacha and reduced consumer spending amid inflationary pressures. Despite these challenges, the company anticipates that its profit before tax will still be ahead of the prior year, driven by strong performance in its cropping business and expected improvements in electricity supply due to better rainfall. The economic environment remains challenging, with ongoing inflation and exchange rate volatility, but Zambeef aims to enhance profitability through strong production yields.
More about Zambeef Product
Zambeef Products plc is the largest integrated cold chain food products and agribusiness company in Zambia, and one of the largest in the region. It is involved in the primary production, processing, distribution, and retailing of beef, chicken, pork, milk, dairy products, fish, flour, and stockfeed throughout Zambia and the surrounding region, as well as Nigeria and Ghana. The company operates 236 retail outlets across Zambia and West Africa, and is a leading supplier of beef, chicken, and pork in Zambia. Zambeef also manages significant cereal row cropping operations with thousands of hectares under irrigation and rainfed/dry-land crops.
Average Trading Volume: 84,590
Technical Sentiment Signal: Sell
Current Market Cap: £17.43M
Learn more about ZAM stock on TipRanks’ Stock Analysis page.