Posted 20th Oct 2021
CAPE TOWN – Pioneer Foods is launching a recall of certain 100% apple juice products, sold under its LiquiFruit brand in South Africa, Botswana and Namibia, and Ceres brand in other jurisdictions. “The health and wellbeing of our consumers is of absolute importance to us, and hence when we identified the potential of a food […]
Posted 6th Sep 2020
Pioneer Foods can confirm that the recall process initiated on 6 September 2020 relating to a specific batch of LiquiFruit Red Grape 330ml cans is now complete.
Posted 5th Sep 2020
10 September 2020 - Pioneer Foods can confirm that what was previously visually identified as “shards of glass” found in 330ml cans of Liqui Fruit red grape juice is actually crystals of a naturally occurring substance in products of grapes called potassium bitartrate.
Posted 22nd Apr 2020
PepsiCo companies to distribute more than 11 million meals to communities most impacted by the socio-economic crisis caused by the COVID-19 pandemic.
Posted 9th Mar 2020
The Competition Tribunal has today issued an order, giving approval to PepsiCo Inc.’s (“PepsiCo”) indirect acquisition of Pioneer Food Group Limited (“Pioneer”), through PepsiCo’s South African subsidiary, Simba (Pty) Ltd.
Posted 29th Aug 2019
DISTRIBUTION OF COMBINED CIRCULAR AND NOTICE OF GENERAL MEETING INTRODUCTION Shareholders of Pioneer Foods (“Pioneer Foods Shareholders”) are referred to the joint firm intention announcement (“FIA”) by Pioneer Foods, PepsiCo and the Pepsi Offeror, a wholly-owned subsidiary of PepsiCo, published on SENS on 19 July 2019 and in the press on 22 July 2019. In […]
Posted 28th Aug 2019
TEMBISA – The Pioneer Foods Schools Breakfast Nutrition Programme was officially launched in Gauteng today. The expansion of this flagship programme now provides more than 34 000 primary school children with a nutritious breakfast each weekday morning, across the country. Speaking at a ceremony held at Winnie Mandela Primary School in Tembisa, Pioneer Foods CEO, […]
Posted 19th Jul 2019
PURCHASE, N.Y. and JOHANNESBURG, S.A. – July 19, 2019 – PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into an agreement to acquire all the outstanding shares of Pioneer Foods Group Ltd. (JSE: PFG) (“Pioneer Foods”) for R110.00 per share in cash (approximately US $1.7 billion), which represents a 56% premium to […]
Posted 20th May 2019
Pioneer Foods posted revenue growth of 11.5% to R11.039 billion with volumes 2.7% higher for the six months ended 31 March 2019.
Posted 6th Mar 2019
1.1. In 2012, following the approval thereof by Pioneer Foods’ shareholders on 17 February 2012, the Company implemented the Phase II Broad-Based Black Economic Empowerment (“BEE”) Transaction (“BEE Transaction”), involving the issue of Pioneer Foods shares to vehicles held by various participating black investors and by current and previous black directors of the Company (collectively, […]
Posted 15th Feb 2019
Pioneer Foods increased turnover by 7.8% in the four months to 31 January 2019, excluding the contribution of the acquired Wellington’s and Lizi’s businesses. The growth is primarily driven by price inflation in bread, wheat flour, rice and export fruit as well as sound volume growth in local beverages, bread, rice and breakfast cereals in the UK.
Posted 26th Nov 2018
Pioneer Foods delivered positive volume and revenue growth at supportive price points whilst maintaining cost discipline and efficiency gains to improve margin and earnings delivery over the weak corresponding period.
Posted 26th Nov 2018
Pioneer Foods feeds hungry school children with nutritious breakfasts every day
Posted 24th Nov 2018
The following disclosure is made in accordance with Section 3.4 (b) of the Listings Requirements of the JSE Limited. Pioneer Foods advises that for the year ended 30 September 2018, a reasonable degree of certainty exists that operating profit and earnings will be as follows:
Posted 9th Mar 2017
Shareholders are hereby informed that the Company has been approached to explore a material transaction which may have an effect on the share price of the Company if accepted and implemented. The anticipated corporate activity is in keeping with Pioneer Foods’ strategic direction.
Posted 21st Nov 2016
Pioneer Foods Group Limited announced today that it would acquire a 49.89% stake in major FMCG manufacturer Weetabix East Africa Limited for an undisclosed amount. This will establish a strategic beachhead for Pioneer Foods in East Africa and the opportunity to build a significant cereal position in the region.
Posted 17th Aug 2016
Pioneer Foods, leading South African FMCG company, today announced that it has entered into an agreement to acquire the entire issued share capital of Streamfoods Limited for a purchase consideration of GBP7.5 million. Streamfoods Holdings Limited is wholly owned by the Wellness Group of companies.
Posted 8th Jul 2016
One of South Africa’s leading food companies, Pioneer Foods, is making its mark in the United Kingdom with the official opening of their new Bokomo UK facility in Orton Southgate, England in June 2016.
Posted 23rd May 2016
Pioneer Foods delivered positive results for the six months ended 31 March 2016. An improved portfolio mix and margin expansion in Groceries, resilient power brands and well managed costs, contributed to the overall financial outcome in a particularly challenging period. Please click here for the full financial results.
Posted 5th May 2016
Pioneer Foods is required to report to shareholders when a reasonable degree of certainty exists that the earnings per share (“EPS”) and headline earnings per share (“HEPS”) for the current reporting period is expected to differ by at least 20% when compared to the prior comparable reporting period. Earnings Guidance for the Six Months ended […]
Posted 17th Feb 2016
Pioneer Foods remains resilient notwithstanding significant economic challenges facing South Africa. Rand weakness and the concomitant cost-push effect will accelerate inflationary pressure on food manufacturers, and increase the burden on consumers. The severe drought in South Africa has furthermore exacerbated this situation. As a result of these volatile external factors, managing volume and margin imperatives […]
Posted 24th Nov 2015
The Group achieved pleasing results for the financial year ended 30 September 2015 despite a vulnerable South African economy, sustained competition and significant cost push. The following highlights underpinned the performance: • Volume growth and share gains in most key categories • Second half recovery in fruit exports • Progressive expansion of bakery margins • […]
Posted 18th May 2015
The results for the six months ended 31 March 2015 reflect the progress on the strategic delivery of the twin objectives of strengthening brands and expanding margins. The following key value drivers underpinned the performance: Pleasing revenue growth despite price deflation in maize and vine fruit exports Power brands share growth Maize volume and production […]
Posted 14th May 2015
Leading South African FMCG company, Pioneer Foods, is garnering local and international acclaim for its carbon savings initiatives after the installation of biomass, woodchip boilers in two of its bakeries. Pioneer Foods installed the biomass boilers at its bakeries in Shakaskraal and Access Park. The biomass boilers are fuelled by woodchips which produce zero carbon […]
Posted 11th May 2015
Leading South African FMCG company Pioneer Foods recently entered a local licensing agreement with Réunion-based FMCG company Royal Bourbon Industries (RBI). The agreement will enable RBI, through a newly launched production line, to manufacture, distribute and market Ceres Beverages’ tetra products in the Indian Ocean region. RBI is a local licensed manufacturer of large international […]
Posted 23rd Apr 2015
Leading South African FMCG company Pioneer Food Group Limited [JSE: PFG] today announced that it has entered into an agreement to acquire a 50% shareholding in FUTURELIFE Health Products (Pty) Ltd , a scientifically formulated nutrient-dense functional food products company, for an undisclosed purchase consideration. The transaction allows Pioneer Foods, which houses well-known brands such […]
Posted 24th Nov 2014
SALIENT FEATURES 2014 Revenue for continuing operations – R17.7bn (+9%) Adjusted operating profit (before items of a capital nature) for continuing operations*– R1.68bn (+46%) Adjusted headline earnings per share for continuing operations*– 637c (+37% ) Final gross dividend per share – 156c (+81%) Continuing operations: Revenue– R17 699 million (+9%) Adjusted operating profit (before items […]
Posted 29th May 2014
ADA is approved as a safe ingredient by the Department of Health and other international regulatory authorities applying Codex Alimentarius, the international standard adopted in health regulations across the globe, including the United States, Canada and South Africa. Notwithstanding the aforementioned, Pioneer Foods has elected to remove Azodicarbonamide (ADA), a flour treatment agent previously present […]
Posted 26th Nov 2013
SALIENT FEATURES – 2013 Revenue – 20 551 million (+ 10%) Final gross dividend per listed ordinary share (2012: 70 cents) – 86 cents (+ 23%) Operating profit (before items of a capital nature) – R1 057 million (+ 2%) Adjusted operating profit (before items of a capital nature)* – R1 271 million (+ 9%) […]
Posted 26th Nov 2012
Pioneer Foods salient features Revenue – R18.6 billion (up 10%) Gross final dividend per listed ordinary share (2011: 40 cents) – 70 cents (up 75%) After the figures for the year were adjusted by R160.7 million for a once-off share-based payment charge on the B-BBEE equity transaction: Adjusted headline earnings – R767 million (up 6%) […]
Posted 21st May 2012
Pioneer Foods salient features Revenue R9 billion up 11% Interim gross dividend per listed ordinary share 44 cents (2011: 40 cents) After the figures for the reporting period were adjusted by R160.7 million for a once-off share-based payment charge on the B-BBEE equity transaction: Adjusted operating profit (before items of a capital nature) R628 million […]
Posted 20th Apr 2012
Marrying leading consumer brands and popular retail destination, The Table of Peace and Unity approached Pioneer Foods and Checkers to combine their collective strengths in aid of raising much needed funds for charity. This initiative culminates on Mother’s Day, the 13th of May 2012, with the annual Table of Peace and Unity event held on […]
Posted 3 February 2015
Deborah-Ann Sharwood
Manager, Group Communication
Glacier Place
1 Sportica Crescent
Tygervalley
7530
South Africa
Tel: +27 21 974 4156