20 March 2024 - final results
The manufacturer of animal feed additives has announced encouraging results for 2023. Although revenues and profits declined the final quarter of the year saw an improvement in trading and this has carried through into the first quarter of 2024. Revenues last year fell by 6% to £31m with pre-tax profits declining by 20% to £2.8m. Diluted adjusted earnings per share fell 8% to 15.31p but the annual dividend was raised to 10.7p from 10.5p. Net cash at the year end was £10.6m down from £13.6m a year earlier . . .
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