Quantum Foods sees share price surge after robust earnings forecast

QUANTUM Foods Holdings experienced a surge in its share price on Friday, climbing over 13% after a trading statement indicated an expected increase in headline earnings per share (HEPS) of between 58% and 78% for the year ending September 28, 2025.

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This development indicates a significant recovery and improved operational outcomes. Closing at 800 cents on the JSE, Quantum's share price reflects a 13.64% increase, although it still trails behind the previous year's level of R10.07. The company anticipates HEPS to rise to between 127.4 cents and 143.4 cents, up from 80.4 cents reported for the previous financial year.

The forthcoming earnings boost is attributed to markedly enhanced trading conditions when compared to the previous year. This stems from a successful recovery of the company's layer flock, increased feed sales volumes, and heightened sales in day-old broiler and layer livestock.

Additionally, the operational efficiencies, decreased load shedding in South Africa, and solid performance across its subsidiaries in Zambia and Uganda have contributed to a positive outlook.