Pioneer Food Group Ltd. provided earnings guidance for the six months to March 31, 2014. For the period, the group's earnings per share expects to increase by between 80% and 95% and headline earnings per share is expected to increase by between 95% and 110% from the previous corresponding period. Consequently, adjusted earnings per share and adjusted headline earnings per share from continuing operations is expected to increase by between 38% and 52% from the previous corresponding period.

Revenue growth from continuing operations for the reporting period is in line with the growth reported for the four months to January 31, 2014. Earnings growth benefitted from value enhancement initiatives and the continued focus on cost reduction and efficiencies. In addition, a strong volume performance from the international business resulted in increased profitability.