JSE-listed food and packaged goods company Tiger Brands increased revenue by 10% to R37.4-billion, driven by price inflation of 11%, favourable foreign exchange gains of 1% and marginal overall volume declines of 2% for the financial year ended September 30. Volume growth in exports was offset by volume declines in the domestic business, primarily attributable to milling and baking, groceries and baby, as well as the deciduous fruit business owing to the timing of shipments.
