Sector: Consumer Goods
The company is not available at Interactive Brokers
Libstar Holdings Limited (JSE:LBR) is a producer and marketer of quality products for the Consumer Packaged Goods (CPG) market in South Africa and the rest of the world.
The group was founded in 2005 to acquire and grow operations in the CPG industry. Over the years, the group's growing, diverse family of companies has come to offer an assorted range of brands and products that can be classified into various brand solutions which together generate more than 80% of group revenue. These include:
Dealer Own Brands and Private Label Brands
Dealer Own Brand (DOB) products are differentiated in terms of quality, packaging, specifications, appearances and product benefits. DOBs are often positioned as the best offering to the customer. Private label products are a more cost-effective alternative to branded products. Clients include Shoprite, Woolworths, Massmart, Clicks, Spar, Spinneys Food, Pick n Pay, Fruit & Veg City, OK, Boxer, USave, Trader Joe's, Checkers, Loblaw, Crystal Valley, Simple Truth and The Kitchen.
Libstar Brands
Many Libstar brands, including Lancewood, Denny, Goldcrest and Cook ’n Bake, are well-recognised brands in South Africa. These are produced by the group and marketed and sold under labels and trademarks that are proprietary to the group or produced, supplied and marketed by it under licence agreements with a brand owner. Other Libstar brands include Cape Herb & Spice, Cani, Cecil Vinegar Works, Natural, Preem, Khoisan Gourmet, Cartwrights and Easyclean.
Principal Brands
The group represents several well-known international brands in South Africa. It sources, imports, markets and distributes principal brands under a purchase or distributorship arrangement between the group and the owner of the brand. Principal Brands allow Libstar to offer premium international brands to the South African market, as many of these are imported, marketed and distributed from European, Asian and American food manufacturers. Brands in this category include Kiri, Lurpak, McIlhenny Tabasco, Maille, Kikkoman, The Laughing Cow, Bel, San Benedito, Bonne Maman, Granoro, Act II, Safari, Villani, DiNapoli, Ong's, Hipp Organic, NCP Yeast, Zanetti, Castello, and Robertsons.
Through its world-class manufacturing capabilities, the Libstar family of companies also offers services to some of the most recognised and revered household-name brands and leading companies in the food-service industry in South Africa via:
Outsourced Manufactured Solutions
Outsourced Manufactured Solutions is a “business-to-business” service. The group manufactures a range of quality products for other businesses which, in turn, on-sell those products to retailers and consumers. Clients of this division include Unilever, Nestle, Tiger Brands (JSE:TBS), County Fair, Pioneer Foods, Mrs H.S. Balls Chutney, Maggi, All Gold, Koo, Crosse & Blackwell, Pringles, Kellogg's and Freddy Hirsch.
Food Service Solutions
Libstar focuses on product innovation through the world-class manufacturing of custom-made products for leading companies in the food service industry. These include quick service restaurant chains and South African family restaurants. Clients of this division include, McDonalds, KFC, Nandos, Domino's and Spur Steak Ranches (owned by Spur Corp JSE:SUR)
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South African food producers, among the biggest on the continent, are spending hundreds of millions of rand mitigating prolonged rolling power blackouts, water supply issues and crumbling infrastructure.
2023-07-05* Libstar to hike food prices further (Recasts with targeted acquisitions)
2022-03-16South African food producer Libstar Holdings Ltd reported a 13.1% drop in full-year operating profit on Wednesday, hit by expenses of 65 million rand ($4.37 million) related to the COVID-19 pandemic.
2021-03-17South African food producer Libstar Holdings Ltd saw a 3.6% rise in revenue in the second half of 2020, it said on Friday, thanks to a strong third quarter as demand from retail clients grew and delays at ports eased.
2021-01-29South African food producer Libstar Holdings Ltd said on Wednesday its normalised earnings rose 12.4% in the first half, helped by a strong performance in most of its divisions.
2019-09-04South African food producer Libstar Holdings Ltd expects core earnings to rise as much as 22.8% in the first half, helped by a strong performance in its dry-condiments, snacks and confectionery and baking and baking aids businesses.
2019-08-12* Firm expects added capacity to strengthen 2019 results (Recasts with shares and dividend)
2019-03-13