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Pioneer Foods H1 adj HEPS seen 4%-12% lower

Pioneer Food Group (PFG) on Wednesday, 25 April 2012, said it expected adjusted headline earnings per share in the six months ended March 2012 to between 4% and 12% lower compared with the same period a year ago.

The adjusted HEPS excludes the R160 million once-off charge relating to the implementation of the phase two broad-based black economic empowerment deal.

The interim results are expected on 21 May.

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