RCL Foods Limited provided earnings guidance for the financial year ending June 2024. For the period, Earnings per share from total operations for the current period is expected to be at least 125.0% higher than the reported EPS of 69.3 cents for the prior period, an increase of at least 86.6 cents per share. The difference between HEPS and EPS in the current period largely relates to the profit on disposal of the Vector segment and insurance proceeds in respect of the fire damage at its Komatipoort raw sugar warehouse which occurred during the 2022 financial year.

Both of these items are excluded from the calculation of headline earnings.