Oceana says operating profit rises in 11 months to Aug 31, revenue flat

Oceana flagged higher operating profit for the 11 months to Aug. 31, 2026, with revenue in line with the prior period. Sales volumes for Lucky Star Foods fell 5% as canned fish volumes dropped 9%; local canning production volumes slid 60%, lifting unit costs. Africa fishmeal and fish oil swung deeper into loss as production volumes fell 73% and sales volumes declined 72%, despite 31% higher Rand pricing. Daybrook in the U.S. lifted sales volumes 16%; fish oil yields eased to 10.7%, while the fishing season ends in October 2026. Full-year results for the year ending Sept. 30, 2026 are expected