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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Astral Foods
Astral Foods (ARL) investor relations material
Astral Foods Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading update summary29 Oct, 2026
FY2026 earnings outlook
EPS expected to rise 90%–100% YoY to 4,324–4,552 cents, vs 2,276 cents in FY2025.
HEPS expected to rise 95%–105% YoY to 4,277–4,496 cents, vs 2,193 cents in FY2025.
Operational drivers
Softer local and global maize and soya prices lowered poultry feed input costs.
Higher broiler production lifted internal feed sales; external feed sales volumes also grew.
Improved poultry farming efficiencies and lower feed costs reduced broiler live production costs.
Poultry sales realisations improved on volume growth in higher-margin mix segments; the best cost strategy also supported earnings.
Reporting
FY2026 financial information had not been reviewed or reported on by auditors; results were expected to be published on SENS on 23 November 2026.
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Latest events from Astral Foods
- Net profit surged 392.6% to R895.5m on 11.4% revenue growth and a 1,160c interim dividend.ARL
H1 2026 - EPS and HEPS are forecast to rise by over 375% and 450% respectively for 1H2026.ARLTrading update
- EPS and HEPS are set to surge over 365% and 435% respectively for the interim period.ARLTrading update
- Double-digit revenue and profit growth, margin gains, but risks from bird flu and trade persist.ARLH2 2025
- Profit rebounded on higher revenue and cost control, with debt cleared and growth capacity available.ARLH2 2024
- Operating profit halved despite revenue growth, with poultry margins under severe pressure.ARLH1 2025
Next Astral Foods earnings date
H2 202617 Nov, 2026
Astral Foods
Next Astral Foods earnings date
H2 202617 Nov, 2026
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Frequently asked questions
Astral Foods Limited is the largest integrated poultry producer in South Africa, specializing in a wide array of activities within the poultry industry. Its core operations include the manufacturing of animal feeds, broiler genetics, the production and sale of day-old chicks and hatching eggs, breeder and broiler production, abattoir and further processing operations, and the sales and distribution of various key poultry brands. Astral Foods markets and distributes its products under well-known brands such as Festive, Goldi, and SupaStar into the wholesale and retail sectors, as well as supplying products to the Quick Service Restaurant (QSR) industry, notable clients including Spur, Hungry Lion, KFC, Nando's, and the Famous Brands Group. Geographically, Astral Foods' operations are primarily concentrated in South Africa, with a minor portion of its activities extending into the broader African continent. The company is headquartered in Centurion, South Africa, and its shares are listed on the Johannesburg Stock Exchange.