
11 Jun 2021
Zambeef - H1 results: continued resilience
Zambeef has reported H1 2021 results for half year ended March 2021. In what has been a difficult period for the Zambian economy (low growth, high inflation, very weak currency and drought), Zambeef has once again delivered a very resilient set of results demonstrating operational robustness, an ability to implement inflationary price increases and improved working capital management. Despite expectations of an ongoing tricky macro situation, we have made no changes to our FY2021 expectations.

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Zambeef - H1 results: continued resilience
Zambeef Products PLC (ZAM:LON) | 4.0 0 0.0% | Mkt Cap: 15.8m
- Published:
11 Jun 2021 -
Author:
Michael Clifton | Cavendish Research -
Pages:
11 -
Zambeef has reported H1 2021 results for half year ended March 2021. In what has been a difficult period for the Zambian economy (low growth, high inflation, very weak currency and drought), Zambeef has once again delivered a very resilient set of results demonstrating operational robustness, an ability to implement inflationary price increases and improved working capital management. Despite expectations of an ongoing tricky macro situation, we have made no changes to our FY2021 expectations.