Rainbow owner RCL hopes worst is behind it as big price hikes fail to boost profit

The original article can be found here.

Article Highlights:

  • RCL, the owner of Bobtail dog food and Nola mayonnaise, is hopeful the worst is behind it in terms of soaring input costs and load shedding.
  • The food producer, which is controlled by Remgro, reported a fall in profit for its 2023 year, but says signs point to input cost easing.
  • It was also getting better at managing load shedding.