Zambeef Reports 43% Decline in Earnings Amid Rising Costs

The latest update is out from Zambeef Product ( (GB:ZAM) ).

Zambeef Products plc announced a 43% decline in Total Basic Earnings per Share for the half year ending March 31, 2025, compared to the same period in 2024, primarily due to increased financing costs and income tax charges. Despite these challenges, the company saw growth in operating profit driven by improved performance in cropping and beef sectors. The company continues to focus on strategic priorities like revenue growth and cost efficiency, while anticipating macroeconomic pressures to persist. However, a forecasted bumper harvest and improved crop yields are expected to enhance profitability, although disease outbreaks in livestock remain a risk.

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 250 retail outlets across Zambia and West Africa, and is a major supplier of beef, chicken, and pork in Zambia, with significant capacities in slaughtering and production.

Average Trading Volume: 97,286

Technical Sentiment Signal: Strong Sell

Current Market Cap: £15.62M

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