Pioneer Food Group Limited operates within the Flour and other grain mill products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Pioneer Food Group Limited with three other
bakery and confectionary companies in Africa:
Flour Mills of Nigeria Plc
sales of 542.67 billion Naira [US$1.77 billion]
of which 80%
Northern Nigeria Flour Mills Ltd
(2.86 billion Naira [US$9.36 million]
Honeywell Flour Mills Plc
based in Nigeria
(71.48 billion Naira [US$233.73 million]
During the year ended September of 2018, sales at
Pioneer Food Group Limited were 20.15 billion South African Rands (US$1.46 billion).
increase of 2.9%
versus 2017, when the company's sales were 19.58 billion South African Rands.
Despite this increase, sales are still
below the level achieved in 2016, when Pioneer Food Group Limited
reported sales of 20.60 billion South African Rands.
Sales of International saw an increase
that was more than double the company's growth rate: sales were up
17.4% in 2018, from
2.70 billion South African Rands to 3.17 billion South African Rands.
Pioneer Food Group Limited also saw significant increases in sales in
Groceries (up 16.3% to 5.12 billion South African Rands)
Not all segments of Pioneer Food Group Limited experienced an increase in sales in 2018:
sales of Essential Foods fell 4.9% to 11.86 billion South African Rands.