Zambeef Products PLC 2016 AR2
The report highlights Zambeef Products PLC's strong financial and operational performance for the fiscal year ended September 30, 2016, achieving a record profit after tax of USD 14.5 million. Key milestones included a USD 65 million equity investment from CDC Group PLC, which helped reduce the company's gearing from 60.3% to 26% and allowed it to regain 100% control of its poultry operations. The company expanded its retail network to 171 outlets across Zambia and West Africa, driving an 11% volume growth in its cold chain food production. Additionally, Zambeef progressed with its Environmental and Social Action Plan (ESAP) to align with international standards.
Company: Zambeef Products PLC
Sector: Consumer Staples
Country: Zambia
Year: 2016
Type: AR2
Pages: 124
Zambeef Products PLC
Annual Report
The report highlights Zambeef Products PLC's strong financial and operational performance for the fiscal year ended September 30, 2016, achieving a record profit after tax of USD 14.5 million. Key milestones included a USD 65 million equity investment from CDC Group PLC, which helped reduce the company's gearing from 60.3% to 26% and allowed it to regain 100% control of its poultry operations. The company expanded its retail network to 171 outlets across Zambia and West Africa, driving an 11% volume growth in its cold chain food production. Additionally, Zambeef progressed with its Environmental and Social Action Plan (ESAP) to align with international standards.
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Document Details
Report Year
2016
Reporting Period
Oct 1, 2015 - Sep 30, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees