Tiger Brands

Continuing operations deliver a solid underlying performance

Commentary

Overview
The group achieved solid results for the six months ended 31 March 2016, notwithstanding the significant inflationary cost pressures experienced in the Milling and Baking businesses. Soft commodity prices, particularly in Maize and Sorghum, were severely impacted by rand weakness and the effects of the drought in Southern Africa. The balance of the group’s domestic businesses reflected a solid underlying performance, while the International segment benefited from the turnaround of Haco Tiger Brands... Read more
Financial statements
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Unaudited group results and dividend declaration
for the six months ended 31 March 2016