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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.
Bu hikaye The Star dergisinin September 17, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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