One of South Africa’s most iconic brands is in troubled water

• Total sales volumes for Lucky Star declined by 5% in the last 11 months
• Lucky Star struggled with shortages in frozen fish products and canned pilchards, leading to decreased sales, and its local canning operations declined by 60% due to raw material shortages
• Oceana Group's overall revenue was in line with the previous financial year, and its operating profit increased despite the struggles of its fishmeal and fish oil operations in Africa