Rainbow Chicken revenue up 9% as strong turnaround leads to maiden dividend

Rainbow Chicken Limited reported a 9.0% increase in revenue to R15.8 billion for the year ended 29 June 2025. EBITDA surged by 66.2% to R1.059 billion, while EBITDA margin improved by 2.3 percentage points to 6.7%. Earnings per share (EPS) jumped 216.3% to 64.04 cents, and headline earnings per share (HEPS) rose 223.6% to 65.57 cents.

The company's strong performance is attributed to an advanced turnaround strategy. This included enhanced feed quality, refined agricultural operations, and disciplined cost management. These efforts, combined with lower commodity input costs and reduced expenses from loadshedding and Avian Influenza, contributed to improved financial health.

In light of these positive results, the board of directors declared a final gross cash dividend of 20.0 cents per ordinary share (16.0 cents net of dividend withholding tax) for the year ended 29 June 2025. This marks a 100% increase in dividends per share compared to the previous year, when no dividends were paid.