Pioneer Food Group Limited reported revenue results for the year ended September 30, 2017. For the period, revenue decreased by between 4% and 6% from the ZAR 20.6 billion in the comparative period due to a combination of deflation, volume declines and resistance to price increases.

The company provided earnings guidance for the year ended September 30, 2017. For the period, the company expected attributable earnings per share in the range of 383 cents to 456 cents. Headline earnings per share in the range of 398 cents to 470 cents. Adjusted headline earnings per share in the range of 433 cents to 503 cents.