RCL Foods projects up to 12.6% earnings growth

RCL Foods expects headline earnings per share to range between 150.0 cents and 160.0 cents for the year ending June 2025, representing growth of 5.6% to 12.6% compared to 142.1 cents previously.

Underlying headline earnings per share from continuing operations are anticipated to increase 9.6% to 17.5%, reaching between 140.0 cents and 150.0 cents.

The Sugar business was impacted by imports and lower world sugar prices in the second half, while Groceries and Baking units performed well.