4 February 2025 - interim results

The agricultural feeds and fuels distributor has announced its interim results for the six months to 30 November and these have come in pretty much as expected.  Revenues for the period were 4% lower at £454m, with adjusted pre-tax profits increasing 6% to £3.6m.  Diluted earnings per share on the same basis were almost 8% ahead at 5.5p and the interim dividend was maintained at 1p per share.  Strong cash flow during the period meant that net cash at the end of the period was £11.4m, up from £10.0m at . . .

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