# RCL Foods reports growth, despite headwinds - Moneyweb

> South African food producer RCL Foods reported 9.2% half-year revenue growth to R17.1 billion, with headline earnings per share up 21.6%. The company cited rising agricultural input costs driven by lower global crop estimates and strong demand, plus avian influenza disruption in Southern Africa.

- Date: 2022-02-28 · published 2022-02-28T12:00:00.000Z
- Category: report · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/42844-rcl-foods-reports-growth-despite-headwinds-moneyweb
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

The report confirms that higher world grain and oilseed prices and avian flu outbreaks are squeezing South African food producers' costs, reinforcing firm feed input prices in the region.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/companies-and-deals/rcl-foods-reports-growth-despite-headwinds/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.