Meikles Limited Executive Chairman: Mr J.R.T. Moxon 

The Group’s EBITDA performance in the 2017 financial year has so far been favourable relative to the year under review. It is expected that rains in the forthcoming season will be far more normal. The Group cannot predict the likely course of economic trends for the balance of the financial year. However, the Group will continue to observe closely the course of economic trends. The Group will also continue pursuing the recovery of the sums due by government, cost reduction efforts, strong marketing and margin control. Where possible, short term loans will be converted to medium term loans. Market appetite for this conversion has improved.

FY 2016 financial results

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