- Africa-focused cold chain foods and retail business Zambeef Products said it expected its adjusted annual pre-tax profit to be at least 20% higher than current market expectations.

Revenue for the year through September was expected to be in line with expectations, though profit would be driven higher by better-than-expected performance in the cropping division.

Yields on soya beans, wheat and maize, which comprised the company's main crops, had exceeded budgeted figures, Zambeef Products said.

The company expects to report its annual results on 22 November.

At 1:51pm: [LON:ZAM] Zambeef Products PLC share price was +0.25p at 5.75p

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