JOHANNESBURG (Reuters) - South African food producer RCL Foods reported a 38.8% rise in ... that included selling its frozen food business Vector Logistics and spinning off and listing its Rainbow ...

RCL Foods, after a period of change that included ... and its view of the business’ lower risk profile. The disposal of Vector Logistics and the unbundling of Rainbow was successfully concluded.

RCL Foods has released its financial results for ... which was recorded as a non-cash gain in the results. The disposal of Vector Logistics in 2023 was already reflected in prior period reporting.

South African food producer RCL Foods reported a 38.8% rise in half-year earnings on ... had been completing a portfolio review that included selling its frozen food business Vector Logistics and ...

South African grocery, baking and sugar producer RCL Foods has seen a nearly 40% jump ... where it disposed of Vector Logistics and unbundled Rainbow Chicken. According to the group, this allowed ...

Prior to this role, Annelie held multiple positions at RCL FOODS from May 2013 to July 2021, including HR Executive for Vector Logistics, HR Business Partner and Learning Manager, and Learning ...

Continuing operations relate to the remaining RCL FOODS business, comprising the Groceries, Baking, Sugar and Group (shared services) segments, post the Rainbow unbundling effected on 1 July 2024 and ...

So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like RCL Foods (JSE:RCL). Even if this company is fairly valued by the ...