Diversified food producer, Innscor Africa Limited (IAL)’s bakery division, which recently commissioned a state-of-the-art operation in Bulawayo, recorded a firm recovery in loaf volumes, in the first quarter to September 30 2023, closing 39 percent ahead of the comparative quarter. In a trading update, IAL, said the comparative quarter had been impacted by raw material…
HARARE - Industrial giant Innscor Africa Limited had a solid performance during the year to June 30, 2022 with revenue jumping 49 percent to $290,78 billion compared to the same prior year period, as firm demand saw significant volume growth. According to the group, growth was underpinned by strong sales volumes across all core…
Innscor Africa reported volume growth across all core manufacturing business units in the third quarter ended March 31, 2022 despite challenges presented by resurgent inflationary pressures in the economy. The company is also into agribusiness to ensure reliable supply of raw materials to its factories. It is involved in contract wheat farming. However, the slow…
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