RCL Foods' revenue up, chicken and sugar still ‘real’ challenges

JSE-listed RCL Foods' revenue for the 12 months to June 30 increased by 6.8% to R25-billion, up on the R23.4-billion in 2015, the first full year of operating under its new structure and leadership. RCL Foods CFO Rob Fields told Engineering News in a telephone interview on Wednesday that the company was pleased with underlying performance, excluding in the South African sugar and poultry markets, where the impact of harsh operating conditions currently being experienced was visible, noting that these markets were real challenges for RCL.