RFG Holdings revenue up slightly despite international headwinds

RFG Holdings (JSE:RFG) announced a 2.1% increase in revenue for the five months ended February 2025, reaching R3.1 billion. Regional segment performance drove growth, showing strength in both fresh and long-life foods, despite domestic consumer spending pressures. Volume growth in the regional segment increased by 8.7% with a slight price deflation of 0.6%. The ready meals and pie categories saw strong growth, and fruit juice, dry foods and pulps also delivered double-digit revenue growth.