Zambeef Plc

Zambeef at a glance

Robust business model of vertical integration

Zambeef Products PLC (“Zambeef”, the “Company”, or, together with its subsidiaries the “Group”) is one of the largest integrated agri-businesses in Zambia.

The Group is principally involved in the production, processing, distribution and retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, flour and bread. The Group also has large row cropping operations (principally maize, soya beans and wheat), with approximately 8,350 Ha of row crops under irrigation and 8,650 Ha of rain-fed/dry-land crops available for planting each year. The Group is also in the process of rolling out its West Africa expansion in Nigeria and Ghana, as well as developing a palm project in Zambia.

Zambeef Divisions

Growth prospects

Integrated business model provides strong foundations for growth:

  • Underpins margin capture and value-add
  • Secures supply chain
  • Reduces risk and earnings volatility

Large capital investments:

  • Mpongwe farm successfully integrated with crop production ahead of budget
  • Upgrade and expansion programme at Zamanita has doubled crushing capacity

Expect return to positive net cash generation over next 12 months:

  • Will enable Zambeef to start paying meaningful dividends from 2014

Targeted re-investment will continue to drive organic growth via:

  • Increased production and efficiencies in stock feed, dairy and milk processing divisions
  • Additional retail and wholesale outlets

Long-term ambition

  • Zambeef is well placed to achieve its long-term ambition to become one of the largest food producers in the region
  • Board looks forward to the future with confidence