Tiger Brands gains from cheaper choices.

Byline: Michael Bleby

Tiger Brands gains from cheaper choices SA's largest food company sees profit rise 8% to R2,5bn as consumers switch to maize products MICHAEL BLEBY Retail Industries Editor TIGER Brands, SA's largest food company, yesterday said profit for the year to September rose 8% to R2,5bn, as people switched to maize from more expensive staples such as rice, and commodity prices fell from the high prices seen the year before. Profit from the company's grains business, which accounted for two-fifths of net income, rose 41% to R1,4bn from a year earlier, even as sales of Tastic and Aunt Caroline rice fell. We have seen very strong demand for maize products. We have …