Astral Foods (ARL) Trading update summary

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.