ZAMBEEF | FY2017 Results Presentation
November 15th, 2017
Below is an extract from the 2017 September Full Year Results Presentation.
Operational & Strategic Focus for 2018
Improving shareholder returns
- Improving return on capital from our existing assets;
- Focus capital expenditure on highest return divisions;
- Disposal of non-core assets.
Optimisation of operating margins
- Focus on volume/price mix and added value categories within CCFP;
- Improving Retail margins in West Africa;
- Cropping – optimising cost of production per M.T. to remain competitive in global environment;
- Ongoing tight management of overheads.
Retail footprint
- Continue rollout of Macro stores – 10 planned for 2018;
- Support Shoprite expansion – 4 planned for calendar 2018;
CCFP Capacity
- Increase in IQF gyro freezer to meet rising demand for added value portions;
- Increase day-old chick capacity to 340,000 per week.
Ensuring organisational structure meets our future needs
- Developing middle management depth and capability.
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