RCL Foods Limited provided earnings guidance for the six months ended 31 December 2016. For the period, the company expects that its headline earnings per share is expected to be between 40.0 cents and 55.0 cents. Earnings per share is expected to be between 30.0 cents and 45.0 cents. The interim financial results for the six months ended 31 December 2016 have been impacted by three material abnormal items, namely: An after-tax impairment of ZAR 102.7 million (excluded from headline earnings) for redundant plant and equipment related to the decision to reduce commodity chicken volumes. The impact on EPS is a negative 11.9 cents. The recognition of a ZAR 37.4 million after-tax provision for restructuring costs and fair value adjustments on biological assets, also associated with the decision to reduce chicken volumes. The impact on HEPS and EPS is a negative 4.3 cents. A foreign exchange loss of ZAR 27.9 million (nil tax impact), as a result of Rand: Dollar appreciation, relating to the settlement of the Zam Chick and Zamhatch options. The impact on HEPS and EPS is a negative 3.2 cents.