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Libstar Holdings share price surges after strong half-year results and takeover discussions
The Star
|September 17, 2025
LIBSTAR Holdings has seen its share price soar by 16.56% on Tuesday morning, closing at R4.43, buoyed by the publication of its robust first-half results, marking the company's most impressive performance since 2022.
This surge comes amid reports that the food company is engaging in preliminary talks regarding a potential takeover.
The company has cautioned investors that, while discussions with interested parties are ongoing, there is no certainty that these engagements will culminate in a binding offer to shareholders. A year ago, the share price was reported at R4.01, reflecting investor confidence amidst a turbulent economic landscape.
Libstar's growth trajectory has been particularly pronounced in the Ambient Products super-category during the six months leading up to June 30. Notably, branded revenue from Cape Herb & Spice's export channel surged by over 40%. In the Perishable Products segment, Lancewood has made substantial inroads into market share within both the cheese and yoghurt sectors.
Diese Geschichte stammt aus der September 17, 2025-Ausgabe von The Star.
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