Pioneer Food Group Ltd. provided earnings guidance for the six months ended March 31, 2018. For the period, the company expects operating profit before items of a capital nature to be in a range of ZAR 922 million to ZAR 991 million, adjusted operating profit before items of a capital nature to be in a range of ZAR 917 million to ZAR 980 million, headline earnings per share to be in a range of 305.5 cents to 329.9 cents, adjusted headline earnings per share to be in a range of 309.1 cents to 334.5 cents and earnings per share to be in a range of 321.9 cents to 346.6 cents.

The company announced turnover results for the six months ended 31 March 2018. For the period, group's turnover decreased by 2.8% from ZAR 10.2 billion to ZAR 9.9 billion.