Innscor Africa Limited recorded solid growth across most of its key manufacturing units during the third quarter ending March 31, 2026, as investments in production capacity and affordable pricing strategies continued to drive demand despite economic and policy-related uncertainties.
According to the group’s latest trading update, strong performances were registered in the Mill-Bake, Protein, Beverage and Light Manufacturing divisions, supported by improved efficiencies and wider product distribution.
The company said momentum across its core businesses remained positive during the quarter, with the Mill-Bake unit benefiting from increased production capacity and operational improvements.
The Bakery division delivered one of the strongest performances, with loaf volumes rising 28 percent over the nine-month period. Growth followed the commissioning of a fully automated production line at the Harare plant in May 2025.
Innscor said the additional capacity had been well absorbed by the market, while also improving product consistency, quality and overall production efficiency.
The company also confirmed that a sixth production line at the Harare bakery is being installed and is expected to be operational before the end of the current financial year.
Within the Protein division, Colcom Holdings Limited posted a 29 percent increase in total volumes. Fresh pork sales climbed 35 percent, while volumes in the popular Colcom Pie category jumped 38 percent.
Management attributed the performance to stronger route-to-market strategies that enhanced product availability and market reach.
At Triple C Pigs, volumes increased 25 percent after a new production facility was commissioned in July 2025. A newly introduced sow breeder unit is also expected to improve pig supply going forward.
The Snacks division maintained strong growth, with volumes rising 60 percent compared to the same period last year, driven by demand for the Zapnax and King Kurls product ranges.
The Pasta division also recorded strong growth, with volumes up 41 percent following increased output at the company’s new short-cut pasta manufacturing plant.
At National Foods Holdings Limited, overall volumes for the nine months were slightly below prior-year levels. The Flour division grew 15 percent, although the Maize division declined sharply by 56 percent.
Despite the decline, the company said efforts to improve sustainability in the segment were continuing, with growing demand being seen in the premium Pearlenta refined maize meal range.
Meanwhile, The Buffalo Brewing Company continued to benefit from strong uptake of its Nyathi sorghum beer brand, with volumes increasing 30 percent year-on-year.
Looking ahead, the group said it remains focused on sustaining growth across its diversified operations while maintaining pricing discipline to keep products affordable and competitive in the market.
Management added that priority would remain on strong cash generation, efficient working capital management and careful capital allocation amid changing economic conditions.
In a separate strategic development, Innscor recently underwrote an US$8 million rights issue by Tanganda Tea Company Limited, raising its shareholding in the company to nearly 29 percent.
As a result, Tanganda’s financial performance will now be consolidated into Innscor’s accounts starting April 1, 2026.
