significantly worse25 Sep 2013 00:32
n the operational update announced on 19 July 2013, Zambeef highlighted two issues which would negatively impact the Group in the second half of the financial year. These were allegations relating to the contamination of imported beef products and lower than forecast global wheat prices. In July, the effect of these issues could only be estimated and it is disappointing to have to announce that, together with some additional cost pressures, the financial impact on the Group is significantly worse than originally anticipated.